What happens if real property is transferred from an estate and a trust to two beneficiaries who want separate ownership? NC

What happens if real property is transferred from an estate and a trust to two beneficiaries who want separate ownership? – NC Short Answer In North Carolina, once the deed places the property in two owners as cotenants, either owner can usually file a partition proceeding even if one owner holds title through a trust.…

What can I do if a co-owner who is also the executor won’t communicate or provide information about the estate? – NC

What can I do if a co-owner who is also the executor won’t communicate or provide information about the estate? – NC Short Answer In North Carolina, a co-owner does not have to stay stuck just because another co-owner is also the executor and refuses to communicate. Estate information is usually available through the Clerk…

What are my options to either reach a new settlement or move forward with the partition case when negotiations break down? NC

What are my options to either reach a new settlement or move forward with the partition case when negotiations break down? – NC Short Answer In North Carolina, co-owners can still resolve a partition dispute by signing a new settlement, but if negotiations fail, the case can move forward in superior court toward either an…