Amy Stratton

If you're administering a loved one's estate, you need to find out if the person had life insurance. Start with NAIC's Policy Locator Service to run national query. If in NC use "locate lost policy" tool at NCDOI. #estateadministration #resource #lifeinsurance #privetteplanning

It's the minimum amount a surviving spouse can inherit from a deceased spouse in NC. Even if the Will disinherits the spouse (not too uncommon in blended families or in gray marriages), the spouse can ask for the elective share and get 15-50% of the assets. #PrivettesParaphrase

This comes up a lot in client consultations DNR: Medical order declining resuscitation efforts if yr heart stops beating or you stop breathing Living Will: legal document controlling ALL manner of artificial life-prolonging measures (much broader in effect) #PrivetteParaphrase

One of the most common misconceptions about Wills is that they allow you to avoid probate. They don't. Trusts do. #youheardithere #lastwillandtestament #wills #probate #estateplanning

Since Aretha Franklin's death, FOUR different Wills have been filed at Court. The lack of clarity as to her true intent has led to family in-fighting, lawsuits, & extensive legal fees. Here's the lesson: don't keep old versions of your Will. It only leads to confusion.#EstateFail