What key considerations should I keep in mind when updating my estate plan in North Carolina after the loss of a spouse? 1. Detailed Answer: Updating Your Estate Plan After Losing a Spouse Losing a spouse often means revisiting your entire estate plan to ensure it matches your new circumstances and goals. Below are the…
What Happens When a Parent Dies Without a Will in North Carolina? When a parent dies intestate in North Carolina, the entire estate enters probate and is distributed according to state law. In cases where there is no will, North Carolina’s intestate succession statutes (for example, see N.C. Gen. Stat. Chapter 29) guide the division…
What are my legal options for recovering damages if property damage by tenants or unresponsive heirs devalues my inherited home? Detailed Answer Inheriting a home can bring both opportunity and responsibility. When tenants damage the property or co-owners (heirs) neglect their duties, the value of your inheritance can drop significantly. North Carolina law provides several…
Can a will be contested if it was improperly executed due to the testator’s inability to read or write? Understanding Proper Will Execution in North Carolina North Carolina law sets clear rules for what makes a will valid. Under N.C. Gen. Stat. § 31-2.1, a will must meet these requirements: It must be in writing.…
What are the key responsibilities and time commitments involved for a Personal Representative during the probate process? Understanding the Role of a Personal Representative in North Carolina When someone passes away in North Carolina, the probate court appoints a Personal Representative to settle the decedent’s estate. This person takes on a series of legal and…
How to Remove Your Name from a Partnership Tax Filing in North Carolina Detailed Answer If you inherited property that was held in a partnership, but you never agreed to join that partnership and you never received any income, you have options under North Carolina law and federal tax rules to disclaim or correct your…
How are probate assets distinguished from non-probate assets, particularly when a business entity and personal guarantees are involved? 1. Detailed Answer In North Carolina, the estate of a person who dies is divided into probate and non-probate assets. Probate assets go through the probate court process under Chapter 28A of the North Carolina General Statutes.…
How do I determine which assets must go through probate and which can be handled separately? 1. Detailed Answer When someone dies in North Carolina, their estate divides into two groups of assets: those that go through probate and those that transfer outside probate. Probate is the court-supervised process that validates wills, appoints a personal…
North Carolina Probate Lawyer: Resolving Property Disputes and Streamlining Estate Sales Families often discover that settling an estate involves more than filing paperwork. Real property creates unique challenges when heirs disagree, creditors demand payment, or assets span multiple states. A North Carolina probate lawyer can guide personal representatives through three complex situations—partition actions, ancillary probate,…
Detailed Answer If a family member cannot manage money and financial decisions on their own, you can ask a North Carolina court to appoint you as their legal guardian. Guardianship gives you the authority to pay bills, make investment decisions, and protect assets on behalf of the person, also called the ward. In North Carolina,…
