How do you transfer an LLC membership interest from an estate to an heir under North Carolina probate law?

What Is a Corporate Resolution for a Loan Extension in Probate Administration? When an estate holds an ownership interest in a corporation or an LLC, major transactions require formal approval recorded in writing. A corporate resolution (or member resolution in an LLC) documents that the estate’s personal representative and any other members agree to extend…

When is a local North Carolina probate attorney required based on the decedent’s residency or property ownership?

FAQ 1: When Do I Need a North Carolina Probate Attorney and What Are the Jurisdictional Requirements? Before you engage a North Carolina probate attorney, determine whether North Carolina courts have jurisdiction over the estate. Under North Carolina law, you generally need a local probate attorney if the decedent either resided here at death or…

What documents and information should I gather before contacting a North Carolina probate attorney and notifying my bank?

1. What Documents and Information Should I Gather Before Calling a North Carolina Probate Attorney and Notifying My Bank? When the bank (for example, Chase) reaches out about an estate, you want to be prepared. Gathering key documents and details will make your conversation with a North Carolina probate attorney productive. You will also be…