Articles
Children’s Asset Protection Planning in North Carolina: Don’t Leave the Liability Window Open!
Whenever I draft wills for a young couple expecting their first baby, or for a couple who already have at least one child, I always set up a children's asset protection trust for them within the will documents. In case the parents pass away before their children have...
Disinherited Heirs May Have a Harder Time Challenging a Revocable Trust in North Carolina
A lawsuit called a will or trust "contest" occurs where a disinherited heir tries to get assets which were not willed to him or her, or not distributed to him or her through a trust by the deceased asset owner. Frequently, the deceased person had a very good reason...
Who Will Help Me to Age in Place?
Elder and special needs, and estate planning attorney Vance Parker discusses why good elder caregiving begins in childhood, in his new opinion essay "Who Will Help Me to Age in Place," published on March 5, 2019 in the Winston-Salem Journal. To read Vance's essay in...
Why Are More North Carolina Millennials Becoming Elder Caregivers?
WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about why more and more millennials are becoming elder caregivers. Vance discusses the huge need for family caregivers as millions of baby boom parents...
Don’t Scam an FBI Man
WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about how telephone scammers can hit anyone, even a retired FBI and CIA director and his wife. Vance concludes with basic tips for senior telephone and...
Trusts Can Help Protect Seniors from Elder Financial Abuse in North Carolina
In the Jan 24, 2019 article "Scamming Grandma: Financial Abuse of Seniors Hits Record," the Wall Street Journal states that U.S. banks reported a record 24,454 suspected cases of elder financial abuse to the Treasury Department last year, more than double the amount...
Caring for a Senior with a Caregiver Agreement in North Carolina
WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about how a caregiver agreement allows a senior to transfer assets to a family member who is caring for him or her, in a way allowed by Medicaid....
10 Ways to Protect Your Assets Before Marriage in North Carolina
WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about how to protect your assets before marriage. Adults of all ages fall in love, and hope to get married. As adults get older, they may accumulate more...
Using a Medicaid Qualified Promissory Note to Shelter Assets from Medicaid in North Carolina
WTOB FM/AM Radio in Winston-Salem, NC interviews elder, special needs, and estate planning attorney Vance Parker about using a Medicaid qualified promissory note to shelter assets from Medicaid. Particularly useful with couples, an elder lawyer may transfer an ill...