Ryan McNeill to Present Elder Law Planning Seminar

Ryan McNeill to Present Elder Law Planning Seminar

Free seminar at the Mabel D. Smith Senior Center in Greensboro scheduled for February 21 Lexington, NC – Attorney Ryan McNeill of Brinkley Walser Stoner will present a seminar on Elder Law Planning on February 21 at the Mabel D. Smith Senior Center in Greensboro. The session will cover long-term care planning, including relevant changes in the estate laws. The event is free and open to the public. “Long term care planning is not just for seniors,” says McNeill. “It is important for all of us to consider and plan for the future. This means getting your legal documents in order, discussing your wishes with family and loved ones, and understanding the impact annual changes in the estate laws might have on you and your beneficiaries.” McNeill focuses his practice on Estate Planning, Elder Law, Business Law, and Real Estate Law in Davidson, Guilford and surrounding counties. The Elder Law Planning seminar will take place on Wednesday, February 21 from 10 AM – 11 AM at the Mabel D. Smith Senior Center, 2401 Fairview St, Greensboro, North Carolina 27405. Registration is not required. Questions may be directed to the Senior Center at 336-373-7566. Brinkley Walser Stoner is pleased to offer a free series of videos for individuals and families considering a move to a senior living community. These videos may be found at www.brinkleywalserstoner.com/senior-living-videos/. Brinkley Walser Stoner prides itself on providing new and cutting edge legal counsel built on a foundation of knowledge and integrity. Brinkley Walser Stoner’s attorneys are first and foremost counselors, advising clients on their legal rights and options for appropriate solutions. Practice areas include business...
BWS Update | January 2018

BWS Update | January 2018

2018 Tax Law & Your Estate Plans The updated 2018 tax bill signed into law in December has many people worried about how the changes will impact them. The law contains a host of changes, among them, new limits for estate taxes and changes to pass-through income for many business owners. Learn more about how these changes may impact you. Elder Law Planning Event Attorney Ryan McNeill will be speaking at the Smith Senior Center in Greensboro on 2/21/18 at 10:00 a.m. on long-term care planning, including relevant changes in the estate laws for 2018, documents everyone should have (regardless of age), and practical and legal perspectives when considering a senior living situation for yourself or a loved one. The event is free. Contact the Senior Center at (336) 373-7566 to learn more. Local Talent | A Great Cause Head out to catch local talent and support a worthy cause at this year’s Project Potential Dancing with the Potential Stars on January 28 at 4:00 pm at the Edward C. Smith Civic Center in Lexington. Tickets are $10 for adults and $5 for students; children under 5 are free. Purchase your tickets at Lanier Hardware or at the door. The firm is a proud supporter of Project Potential. Vote for your favorites! We Love Referrals If you are happy with the service you have received from Brinkley Walser Stoner, we’d love it if you would recommend us to your family and friends in the Triad area. Our attorneys handle a wide range of cases, from estate planning and elder law, to real estate, business law, traffic tickets, and more....
The 2018 Tax Law Changes & Your Estate Plans

The 2018 Tax Law Changes & Your Estate Plans

The updated 2018 tax bill signed into law in December has many people worried about how the changes will impact them. Among a host of changes, the bill increases the standard deduction, expands the Child Tax Credit, removes the “marriage penalty” for most individuals, limits the deduction for state and local taxes, and changes the rules on deducting mortgage interest, charitable donations, and medical expenses. The new tax bill also lowers tax rates for most corporations and for many individuals, and changes how pass-through income earned by owners of sole proprietorships, LLCs, and S corporations, is handled (different limits apply to professional services business owners). In terms of estate planning, the estate tax in 2017 was set at $5.6 million (lifetime limit) for individuals and $11.2 million for married couples; under the new tax law, this has doubled to $11.2 for individuals and $22.4 million for married couples. A much smaller number of people will now pay estate tax on money and assets they inherit. By contrast, those high wealth individuals and couples may wish to pursue aggressive planning opportunities by making tax-free gifts to heirs now in the event the law ever sunsets in the future. If you had previously structured your estate plans to minimize taxes paid by your heirs due to estate tax, now would be a good time to sit down with your estate planning attorney and review your plans. It may be possible to adjust or eliminate counterproductive measures included in your old estate plan based on the new tax laws. For example, a typical estate plan for a married couple whose estate exceeded...
An Independent Judiciary in NC

An Independent Judiciary in NC

There has been some discussion in North Carolina about changing how judges are selected. Here is an educational video produced by the North Carolina Bar Association that discusses the importance of an independent judiciary – to all of us. Watch the video and learn...
Lexington Attorney Elected as Vice President of District Bar

Lexington Attorney Elected as Vice President of District Bar

E. Drew Nelson, an Associate at Brinkley Walser Stoner, assumes VP role for 22B District Bar Lexington, NC – E. Drew Nelson, an Associate at Brinkley Walser Stoner, was elected to serve a one-year term as Vice President of District Bar 22B, covering Davidson and Davie Counties, and one of 45 Judicial District Bars in North Carolina. “I am excited to become more involved in a leadership role with our local District Bar,” says Nelson. “While most people assume there is a single bar association for each state, attorneys must be members of their local District Bar to remain active and retain their license. The District Bars assume a different role than the state bar associations. I am pleased to become more involved in supporting the judicial process behind the scenes.” North Carolina statutes assign a variety of responsibilities to the District Bars, including nominating judicial candidates for any District Court vacancies that come open. Prior to assuming the role of Vice President, Nelson served on the George Fuller Scholarship Committee for the combined 22A and 22 B Bar Associations. Nelson focuses his practice on Corporate Law, Probate and Estate Administration, Estate Planning Law, Real Estate Law, and Criminal Law in Davidson, Guilford and surrounding counties. Brinkley Walser Stoner prides itself on providing new and cutting edge legal counsel built on a foundation of knowledge and integrity. Brinkley Walser Stoner’s attorneys are first and foremost counselors, advising clients on their legal rights and options for appropriate solutions. Practice areas include business law, real estate, litigation, elder law, estate planning, injury and disability, criminal defense, traffic and DWI, banking, family...
It’s Empty Stocking Fund Time!

It’s Empty Stocking Fund Time!

The firm is again this year supporting the Empty Stocking Fund. The Dispatch coordinates this annual program that provides Christmas gifts for teens (ages 13-16) who do not qualify under many other gift programs and whose families cannot afford to buy presents. If you would like to contribute, please send checks made payable to “Empty Stocking Fund” to The Dispatch, Empty Stocking Fund, P.O. Box 908, Lexington, NC 27293. Donations can also be delivered to The Dispatch at 30 E. First Avenue in...
BWS Update | December 2017

BWS Update | December 2017

Have a Safe Holiday Season We are well into the peak holiday season, with Thanksgiving behind us and Christmas and New Year’s ahead. While for most people this is a joyous and fun time of year filled with family, friends and celebration, it can also be a time for a little caution. Here are some holiday safety tips from our team. Read the article… Running of the Balls Brinkley Walser Stoner was a proud sponsor of the 2017 Running of the Balls in Greensboro this past weekend. The race includes participants from around the world in its group of 4,000 runners annually. The event raises more than $50,000 annually for Second Harvest Food Bank of Northwest NC. Seniors in Need It is estimated that 1 in 6 people in North Carolina is food insecure. Children and seniors are especially vulnerable. The firm recently made a donation to Pastor’s Pantry to support their mission of combating senior hunger. We encourage you to donate to your local food bank throughout the year. Happy Holidays We wish you and your family a Merry Christmas and Happy New Year. Our offices will be closed on Monday, December 25 for Christmas and again on January 1, 2018 for New Years. Enjoy your...
Holiday Safety Tips

Holiday Safety Tips

We are well into the peak holiday season, with Thanksgiving behind us and Christmas and New Year’s ahead. While for most people this is a joyous and fun time of year filled with family, friends and celebration, it can also be a time for a little caution. Here are some holiday safety tips from our team. Safety on the Road and Traveling Driving during holiday periods can be more dangerous than normal. Drivers may be in a hurry or be distracted, or there may be ice and snow on the roads. The NC Department of Transportation (NCDOT) compiles crash statistics on North Carolina’s roads. In 2016 (the latest available data), there were 25,273 crashes reported, with 1,114 happening over the 3-day Christmas holiday period (12/23/16 through 12/25/16); there were 10 deaths statewide; 40% of those deaths were alcohol related. Staying safe: Avoid distracted driving. Put the mobile device(s) away and drive defensively. Leave plenty of stopping distance and watch the cars around you. Always be aware of your surroundings. Always use a designated driver. If you are by yourself, call a sober friend, a cab or ride service to get home. Wear your seatbelt, even on short trips. You cannot control what other drivers do, and may be involved in a crash that isn’t your fault. Seatbelts do save lives. Secure children in approved, properly installed car seats. Your local law enforcement agency will help you verify the seat is secure if you are not sure. Have a safety check done on your car before you travel (ask them to check the spare tire, too), and make sure you...
BWS Update | November 2017

BWS Update | November 2017

Children with Special Needs at 18 As children approach adulthood, parents may have many different reactions, from stress about paying for college, to excitement for their child’s new adventure. For parents of children with special needs, the legal transition from child to adult often adds a layer of complexity and worry to the equation. Read the article… HAWG Runners! David Inabinett and his son, Blake, participated in the 2017 HAWG Run on October 28. This benefit run was a great way to work up an appetite for the annual Lexington Barbecue Festival! Brinkley Walser Stoner is a proud supporter of the annual HAWG Run benefiting the J. Smith Young YMCA. Happy Thanksgiving We wish you and your family a safe and bountiful Thanksgiving. Our offices will be closed Thursday and Friday, November 23-24, so our attorneys and staff may spend time with family and friends. We will reopen on Monday, November...
My Child with Special Needs is Turning 18 – Now What?

My Child with Special Needs is Turning 18 – Now What?

As children approach adulthood, parents may have many different reactions, from stress about paying for college, to excitement for their child’s new adventure, to a plan to buy a smaller house once junior moves out. For parents of children with special needs, the legal transition from child to adult often adds a layer of complexity and worry to the equation. When a child turns 18, he or she legally becomes an adult (or emancipated) in the eyes of law. At that point, you, as a parent, lose your legal rights to make decisions for your child. You no longer have the right to your child’s medical records; you cannot see school grades without permission from your child; your child may now sign contracts for which he/she is legally responsible; and there are tax ramifications in giving money to an adult child for their support. If you have a child with special needs who will continue to need your support after reaching adulthood, it is critical you plan ahead to ensure you do not encounter problems. We recommend starting the process six to 12 months prior to your child reaching adulthood. The severity of your child’s impairment will dictate the actions you may need to take. It is also important to consider how your actions will impact your adult child’s eligibility for public assistance. Here are some options available to you: A power of attorney is the simplest option available to allow you to continue to make financial decisions on behalf of your child. If your child does not have a significant cognitive impairment and is fully able to understand...