Two of the most common client frustrations are lack of information and lack of communication. Here, at Harvell and Collins, P.A., we try to do our very best to disseminate useful legal information and increase communication. Our BLOG is just one way that we attempt to accomplish these objectives. Please read through our entries and if there are any particular topics you would like addressed let us know.
Estate planning is one of the most important gifts you can give to your loved ones. On Let's Talk Legal, attorneys Cecil Harvell and Wes Collins discussed why having essential legal documents in place—such as wills, powers of attorney, and health care directives—is crucial for avoiding costly and time-consuming legal issues in the future. Read More
This episode focused on the importance of estate planning, particularly during the holiday season when families gather. Cecil Harvell and Wes Collins emphasized the necessity of having essential documents like wills, powers of attorney, and health care directives to avoid costly and time-consuming legal issues later. They encouraged families to initiate discussions about these topics to ensure their affairs are in order, framing it as a valuable gift to loved ones. Read More
This episode focused on the elective share rights of surviving spouses in North Carolina, emphasizing the complexities that arise, particularly in cases of second or subsequent marriages. Cecil Harvell and Wes Collins discussed the legal implications of elective share claims, including the necessity for timely filing and the potential for disputes involving children from previous marriages. They highlighted the importance of proper estate planning to navigate these issues and ensure that the intentions of the deceased are honored while adhering to statutory requirements. Read More
Estate planning is essential for ensuring that assets are distributed according to one's wishes while protecting the rights of surviving spouses. On Let's Talk Legal, attorneys Cecil Harvell and Wes Collins discussed the complexities of elective shares in North Carolina and the importance of durable powers of attorney in estate management. Read More
Cecil Harvell and Wes Collins discussed the elective share rights of surviving spouses in North Carolina, emphasizing the importance of understanding statutory rights and the implications of asset titling. They highlighted the short six-month deadline for filing an elective share claim and the complexities involved in determining the value of assets, particularly in cases of closely held businesses. The conversation underscored the necessity of proper estate planning to avoid adversarial situations and ensure that surviving spouses are adequately protected. Read More
Elective shares serve as a crucial legal protection for surviving spouses, ensuring they receive a portion of their deceased spouse’s estate. On Let's Talk Legal, attorneys Cecil Harvell and Wes Collins explored the complexities of elective share claims, statutory protections, and the importance of estate planning. Read More
This episode focused on the rights and protections of minority shareholders in corporations and LLCs, highlighting the fiduciary duties of majority shareholders to act fairly and transparently. Wes Collins discussed specific legal provisions in North Carolina that allow minority shareholders to request financial information and take legal action if their requests are denied. The conversation also touched on the advantages of organizing a business as a corporation or LLC compared to a partnership, emphasizing the need for proper documentation and transparency to prevent disputes. Read More
Minority shareholders play a crucial role in corporations and LLCs, but they often face challenges in decision-making and financial transparency. On Let’s Talk Legal, attorneys Cecil Harvell and Wes Collins discussed the legal rights and protections available to minority shareholders in North Carolina, the fiduciary duties of majority shareholders, and the importance of corporate compliance. Read More
Property ownership can be complex, especially when multiple individuals are involved. On Let’s Talk Legal, attorney Cecil Harvell discussed the distinctions between real property and personal property, the legal nuances of property deeds, and the importance of estate planning in managing ownership transitions. Read More
Cecil Harvell discussed the distinctions between real property and personal property in North Carolina, emphasizing the importance of understanding property deeds, particularly tenants in common and tenants by entirety. He highlighted the complexities that arise in property ownership, especially in cases of inheritance and divorce, and the necessity of clear legal documentation to avoid disputes. The conversation underscored the need for individuals to review their estate plans following significant life events to ensure their intentions are accurately reflected in their property ownership. Read More
