FAQ: Will my father’s personal bank account funds go back to his company or be distributed to his heirs? Will My Father’s Personal Bank Account Funds Go Back to His Company or Be Distributed to His Heirs? Under North Carolina probate law, assets that were solely in a deceased person’s name are generally considered part…
FAQ: What Are the Key Considerations When Entering a Settlement Agreement to Sell a Co-Owned Inherited Property in North Carolina Probate? When co-owners of an inherited property discuss a settlement agreement, they create a framework to resolve disputes and avoid the lengthy process of judicial partition actions. In North Carolina probate, parties may opt to…
What Legal Actions Can I Take If I Disagree With a Co‑Owner’s Handling of an Inherited Property in North Carolina? What Legal Actions Can I Take If I Disagree With a Co‑Owner’s Handling of an Inherited Property in North Carolina? Detailed Answer In North Carolina, disputes between co-owners over inherited property can be challenging, especially…
FAQ: Who Is Responsible for Paying Property Taxes in a Joint Probate Estate in North Carolina? Who Is Responsible for Paying Property Taxes in a Joint Probate Estate in North Carolina? Detailed Answer In North Carolina probate cases, determining who is responsible for paying property taxes requires a careful review of the estate’s accounting records…
FAQ: What Documents Are Essential in Preparing a Comprehensive Probate Inventory in North Carolina? In North Carolina probate administration, gathering correct documentation is critical to validating the estate’s assets and ensuring compliance with state requirements. A comprehensive inventory establishes the value of the decedent’s personal property, real estate, and financial accounts. This inventory not only…
Do I Need to Open Probate in North Carolina When the Sole Assets are a Vehicle and Bank Accounts? In North Carolina, whether probate is necessary depends on the type and title of the assets being transferred. When a decedent leaves behind a vehicle or bank accounts solely in his or her name, the law…
What Should I Do If an Affidavit Contains Inaccurate Information in a North Carolina Probate Case? What Should I Do If an Affidavit Contains Inaccurate Information in a North Carolina Probate Case? In North Carolina probate matters, discrepancies in documents may raise concerns regarding the administration process. Frequently, one question that arises is what to…
What Steps Should I Take to Set Up a Trust Fund for My Minor Children After a Wrongful Death in North Carolina? What Steps Should I Take to Set Up a Trust Fund for My Minor Children After a Wrongful Death in North Carolina? When faced with the tragic loss of a loved one in…
What Are My Options If I Dispute Attorney Fees During Probate Administration in North Carolina? Disagreements over attorney fees can arise during probate administration. In many North Carolina cases, the fee dispute may involve whether to submit fee amounts for court review or to agree on a payment by distribution. When you believe the fees…
What Is Payment by Distribution in North Carolina Probate? What Is Payment by Distribution in North Carolina Probate? In North Carolina probate administration, payment by distribution is a payment method whereby an agreed-upon portion of the estate’s assets is allocated to satisfying attorney fees and other costs without the need to formally petition the court.…
