How do I voluntarily partition LLC-owned land if all members agree? – North Carolina Short Answer In North Carolina, you don’t file a court “partition” when an LLC owns the land. If all members agree, you handle it as an internal LLC transaction: approve a written plan, survey and subdivide as needed, then have the…
What happens if one member refuses to agree and files a partition action in North Carolina? Short Answer In North Carolina, a co-owner can file a special proceeding for partition with the Clerk of Superior Court to force a division or sale of jointly owned land. The clerk first decides whether to split the property…
Do we need a land survey before asking a court to divide or sell the property? – North Carolina Short Answer No. In North Carolina, you do not need a land survey to file a partition case. The Clerk of Superior Court can appoint commissioners after filing; if the land will be divided, the court…
Can a member force sale of our land interest in the LLC if we can’t agree on a buyout price? – North Carolina Short Answer Generally, no. In North Carolina, a partition lawsuit is available to co-owners of real estate, not to members of a limited liability company. If the land is titled in the…
How can I confirm that the car accident claim is fully covered by insurance before using estate assets? – North Carolina Short Answer In North Carolina, a personal representative should promptly tender the accident claim to all potential insurers and obtain written confirmation of defense and indemnity (or a reservation of rights) before paying any…
Can I reject mortgage, utility, and homeowner dues as direct claims against the estate and have heirs cover them? – North Carolina Short Answer In North Carolina, you can disallow unsecured or improper creditor claims, but you cannot eliminate a valid lien like a mortgage or HOA assessment attached to real property. Real estate passes…
How do I process and evaluate a claim for unpaid child support under NC estate procedures? – North Carolina Short Answer In North Carolina, a personal representative handles child support arrears like any other creditor claim: the claimant must present a written claim by the estate’s creditor deadline, you classify it by priority, and then…
What steps do I need to take to bring real property into the estate to sell and make assets? – North Carolina Short Answer In North Carolina, real estate does not automatically become part of the probate estate; title vests in the heirs or devisees at death. To use the property to pay claims, the…
What is the process for a family settlement agreement to transfer the house to one heir and satisfy outstanding claims? – North Carolina Short Answer In North Carolina, you can use a written family settlement agreement, signed by all interested heirs or devisees and the personal representative, to allocate estate assets (including giving a house…
Do beneficiary designations override provisions in a divorce decree or will? – North Carolina Short Answer Yes. In North Carolina, the beneficiary designation on a nonprobate asset (like an IRA or life insurance) generally controls who gets the funds at death, regardless of the will. An absolute divorce automatically cancels gifts to the former spouse…
