Can we name one adult child as executor and another as a backup, and what happens if neither can serve? – North Carolina Short Answer Yes. In North Carolina, a will can name one adult child as executor and name another adult child as a successor (backup) executor. If the first choice cannot or will…
How do I set up a life estate deed so a parent can keep living in the home but the property transfers to the children later? – North Carolina Short Answer In North Carolina, a life estate deed is usually set up by signing a new deed that transfers the home to the children as…
If my parent is in hospice with no power of attorney or living will, who gets to make medical decisions if my parent can’t communicate? – North Carolina Short Answer In North Carolina, if a hospice patient cannot make or communicate health care decisions and there is no health care power of attorney or living…
What can I do if I think a trustee misappropriated trust assets and won’t give me an accounting? – North Carolina Short Answer Under North Carolina law, a trustee generally must keep records and provide beneficiaries with information about trust administration, and a court can order an accounting and other remedies if the trustee refuses.…
How can I get a copy of the trust documents and any amendments if my family won’t give them to me? – North Carolina Short Answer In North Carolina, the most direct path is usually to make a written demand to the trustee (not just family members) for a copy of the trust instrument and…
Can a will name who I want to be the guardian of my adopted child if I die? – North Carolina Short Answer Yes. In North Carolina, a parent can use a will to recommend (nominate) who should serve as guardian for a minor child, including an adopted child. The Clerk of Superior Court gives…
Can I sign a new power of attorney that automatically cancels the old one? – North Carolina Short Answer In North Carolina, signing a new power of attorney can revoke an older one, but “automatic cancellation” is not always reliable in the real world unless the new document clearly revokes prior powers and the right…
How can my parent transfer a house into my sibling’s name before my parent passes away? – North Carolina Short Answer In North Carolina, a parent can transfer a house to a child before death by signing a deed that conveys the parent’s ownership interest to the child and then recording that deed with the…
What kinds of limits can I put in a power of attorney to prevent one person from taking money or making big financial moves alone? – North Carolina Short Answer In North Carolina, a financial power of attorney can be drafted with built-in guardrails so one agent cannot move money or make major transactions alone.…
What documents do I need to move a home and other property into a family trust? – North Carolina Short Answer In North Carolina, moving a home or other real property into a family trust usually requires (1) a signed trust agreement, (2) a new deed transferring the property to the trustee of the trust,…
