Author Profile

Greg Herman-Giddens

Greg Herman-Giddens

Phone: (919) 493-6351
205 Providence Road Chapel Hill NC 27514 United States

About

Gregory Herman-Giddens is a Board Certified Specialist in Estate Planning and Probate Law, and his areas of practice include gift and estate tax planning, asset protection planning, business succession planning, and estate and trust administration. At the North Carolina Estate Planning Blog, he does a nice job of putting complex estate planning issues into terms that are readable and clear for the average reader. He mixes relevant news and updates with answering pertinent questions on everyday issue.

Education

* University of Miami School of Law, LL.M., Estate Planning, 1992—1993 * Tulane University Law School, J.D., 1984—1988 * University of North Carolina at Chapel Hill, B.A., Psychology, 1982—1984

Recent Articles

IRS Allows Rollover of IRA from Estate to Spouse

Greg Herman-Giddens

March 21, 2012 10:44

As I tell my clients and audiences during presentations, one should never name one's estate as beneficiary of an IRA or other retirement account.  If the estate is the beneficiary, whether from a purposeful designation, failure to name a beneficiary, or failure update when a named beneficiary...

Ranking Domestic Asset Protection Trust States

Greg Herman-Giddens

March 14, 2012 15:11

Las Vegas asset protection guru Steve Oshins has updated his Domestic Asset Protection Trust (DAPT) State Ranking Chart.  Steve obviously believes Nevada has the most protective laws, and I agree.  I always use Nevada DAPTs - the only situation in which I would use another state's DAPT is...

The Importance of Planning for Young Families

Greg Herman-Giddens

March 13, 2012 20:34

Many folks have the misconception that legacy planning is only for the wealthy, or for the elderly.  Young families often overlook the importance of planning in the event of a parent's incapacitation or death. Although tragedy cannot be prevented, careful planning can ensure peace of mind...

Long-Term Care Insurance Industry Shakeout

Greg Herman-Giddens

March 13, 2012 12:47

Those considering long-term care insurance should be aware of recent several changes in the long-term care insurance industry. Guardian stopped offering the insurance as of December 31, 2011, and Prudential will no longer be offering individual coverage after March, 2012. MetLife exited the market...

Another Flip-Flop on Inherited IRA Stretch

Greg Herman-Giddens

March 10, 2012 17:12

Tax season is in full swing, and I was recently out of the office for a few days, so I'm a bit late in reporting this, but the provision to do away with the ability of most IRA beneficiary's to stretch distributions over their life expectancies is now back on the table as part of the Senate Highway...