Enjoy your meal a little more with these words of wisodm from Adam Breeding, esq. Originally published in the Novemeber 2014 issue of Lake Norman Woman Magazine.
We all know the story of Thanksgiving – though not an official holiday until 1863, we can trace Thanksgiving’s roots back to 1621 when a rather devastated group of new world settlers shared their harvest feast with a particularly useful Patuxet Indian, Squanto, and his tribe.
The Pilgrim colonists were indebted to Squanto and his pals, ...
WHY YOU NEED A DIVORCE LAWYER.
At Lake Norman Law Firm we offer consults to prospective clients because we believe in starting the lawyer-client relationship from an informed position and setting the client’s legal matter on the proper course from the beginning. During these consults, my job sometimes turns into salesman… not in a pushy aggressive kind of way… but I am literally trying to “sale” the prospective client on the benefits of retaining a family lawyer. I am not trying to “sale” ...
Marital misconduct comes in many forms, but the form that most frequently leads to divorce is adultery. So, how does adultery affect your rights in a divorce setting? Perhaps, not as much as you may think – however, there are still important factors to consider when consulting with a competent family lawyer if you find yourself the victim of an affair.
Property (equitable) distribution is not affected by adultery at all.
Judges in North Carolina will refuse to consider marital misconduct (other than ...
The Reality of Marital Property Division.
Equitable Distribution is the process by which a separated or divorced couple divides their martial estate – cash, real property, personal property, retirement savings, investments, and debts – all of the assets accrued during the marriage term. “ED” cases never (well almost never) go to trial. Out of over 17,000 domestic matters filed in Mecklenburg County last year, less than 10 went to trial. There are sitting family law judges who have never presided over an Equitable ...
How Dentists can avoid catastrophe by utilizing smart asset protection plans.
By: Adam G. Breeding, Esq., Lake Norman Law Firm
I often talk and write about the importance of smart asset protection plans for successful folks-
particularly those in high liability risk professions. Among those professionals are dentists – perhaps more so than any other profession since dentists tend to own and manage their own practice individually or with a small group of partners (unlike physicians who are generally employed by large health care ...
This Article highlights the importance of estate planning as it relates not only to the late Mr. Faison, but also to the general public.
written by Adam G. Breeding, of Lake norman Law Firm
A recently filed Mecklenburg County lawsuit sheds light on the importance of finalizing one’s estate plan and testamentary wishes before it’s too late. Charlotte real estate developer, the late Henry Faison, unexpectedly passed away just days before he was scheduled to make changes to his estate plan that would ...
Smart Planning For Lake Norman Homeowners.
Written by Adam G. Breeding of Lake Norman Law firm
At Lake Norman Law Firm, we often talk about the utility of asset protection plans for successful individuals who are in high risk professions. Doctors, other health care professionals, contractors, land developers, and even lawyers are often subject to liability risk associated with their jobs. But what about the common homeowner entertaining guests at their Lake Norman property? You’ve worked hard, invested wisely, and bought your dream ...
Living Trusts: 10 reasons not to have one.
Written by Adam Breeding of Lake Norman Law Firm.
Living trusts are my favorite estate planning tool. A trust may not be for every person, but for most clients the living trust is a better option than a simple will. Usually, when clients talk with me about an estate plan, I have little trouble persuading them to choose a trust. I bring my “reasons not to have a living trust” with me to the client ...
Big Picture=Effective Settlements
Written by: Adam Breeding, Lake Norman Law Firm.
I am a big believer in alternative dispute resolution (or ADR). There are a ton of great benefits to settling matters out of court – usually through a mediated settlement conference. But for mediation efforts to be successful, clients and their attorneys should keep these basic tips in mind:
1. Pay the extra bucks for a good mediator. No water-carriers. It is absolutely worth engaging a mediator who understands the issues, can think ...
Learn the benefits and power of what an LLC can do for you and your business here in this Article.
Written by: Adam Breeding, Lake Norman Law Firm
A limited liability company ( LLC ) offers protection from personal liability for business debts, just like a corporation. However, unlike a corporation, which must pay its own taxes, an LLC is a pass-through tax entity: The profits and losses of the business pass through to its owners, who report them on their personal ...