Basic and Advanced Estate Planning and Estate Tax Planning in Western North Carolina. Revocable and Irrevocable Trusts, Life Insurance Trusts, Asset Protection, LLCs, GRATs, IDITs, ILITs, CRATs, CRUTs, Charitable Planning, Business Planning, Business Succession, Estate Administration, Probate.
Tuesday, August 10, 2010
No NC Highway Use Tax for transfer into a Living Trust
The North Carolina General Assembly recently passed a law to clarify that the Highway Use Tax does not apply on a transfer of a motor vehicle to a Revocable Living Trust. The new law became effective July 17, 2010.
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