What is a Trust? A Plain-English Explanation In the world of elder law and asset protection, a trust is one of the most powerful and flexible tools available. While the concept can seem intimidating, a trust is simply a private legal contract that allows you to control your property, both during your lifetime and after […]
An Ounce of Prevention: Correcting Costly Long-Term Care Myths Editor’s Note: This article was written by a former Campbell Law student intern after observing numerous client meetings. The content has been verified by a licensed attorney for accuracy and revised as of September 2025. Over the years, we have seen countless families who would have […]
The Role of Long-Term Care Insurance in Your Financial Plan We purchase insurance to shift the risk of a catastrophic financial loss. While we diligently cover our homes and cars, many families overlook the single greatest financial threat most seniors will face: the cost of long-term care. Investing in a Long-Term Care (LTC) Insurance policy […]
Protecting Your Nest Egg: A Warning About Conflicted Financial Advice In today’s financial world, the lines between professions have blurred. Your banker may also be an investment advisor, and your insurance broker may offer banking services. This “one-stop shop” approach is marketed as a convenience, but it can create significant conflicts of interest and expose […]
Maintaining Control: The Guiding Principle of a Successful Life Plan Control over your life is essential to your identity. The choices we make, big and small, define who we are. As we grow older, the fear of losing control—due to frailty, health issues, or financial worries—is one of our most significant concerns. Good planning is […]
The Hidden Tax of Giving: How Gifting Can Backfire for Seniors Gifting to children and grandchildren is one of the great joys for many seniors. However, this act of generosity can create unexpected and costly problems if not done with careful consideration of the tax and long-term care consequences. What seems like a simple gift […]
A Hidden Financial Risk: North Carolina’s Filial Responsibility Law Most adult children assume they are not financially responsible for their parents’ long-term care bills. However, an old and rarely enforced law on the books in North Carolina could present a shocking financial risk for families. It’s called a “filial responsibility” law, and it’s a critical […]
Facing the Reality of Long-Term Care Costs in North Carolina Planning for the future requires a clear understanding of the potential costs you may face. While old surveys from sources like MetLife provided a snapshot years ago, the financial reality of long-term care has changed dramatically. The costs have continued to climb, making proactive planning […]
An Alternative to Assisted Living: Is a Family Care Home Right for You? When a loved one can no longer live safely on their own, families are often faced with the difficult decision of choosing a long-term care facility. While large assisted living communities are a well-known option, a more intimate and personal alternative exists […]
The Top 8 Medicaid Mistakes (and How to Avoid Them) The process of qualifying for Medicaid to pay for long-term care is notoriously tricky and confusing. For families in a crisis, it’s a high-stakes journey where a single misstep can cost tens of thousands of dollars. Below, we outline the eight most common and costly […]
If you own a corporation or LLC, Google “Corporate Transparency Act” and file your report before the end of the year. Don’t be fined $500.00 per day for failing to file.