What options do co-heirs in North Carolina have to resolve a property dispute when a co-owner demands buy-out or division?

What options do co-heirs in North Carolina have to resolve a property dispute when a co-owner demands buy-out or division? Detailed Answer When multiple heirs inherit real estate in North Carolina, they often become tenants in common. Each heir owns an undivided share of the whole property. If one co-owner demands a buy-out or physical…

How can I claim a State of North Carolina decedent’s uncollected retirement account when they died intestate?

How to Claim a State of North Carolina Decedent’s Uncollected Retirement Account When They Died Intestate 1. Detailed Answer When someone in North Carolina dies without a will (intestate), any retirement accounts they left behind and did not collect become part of their estate if they lack a valid beneficiary designation. To claim those funds,…

How do you designate a resident process agent for North Carolina probate when managing the case from out-of-state?

Detailed Answer When a court in North Carolina appoints a personal representative who lives outside the state, the representative must designate a resident process agent. This agent receives legal papers, such as subpoenas and motions, on the personal representative’s behalf. North Carolina courts do not allow out-of-state personal representatives to rely solely on mail or…

What are my options to object to an improper personal representative appointment in a North Carolina probate case?

What are my options to object to an improper personal representative appointment in a North Carolina probate case? Detailed Answer When someone applies to serve as a personal representative for an estate in North Carolina, the clerk of superior court evaluates their qualifications under N.C. Gen. Stat. §​28A-6-2. You may believe the proposed representative lacks…

How does a receipt and refunding agreement accelerate interim estate distributions without court petitions in North Carolina?

How does a receipt and refunding agreement accelerate interim estate distributions without court petitions in North Carolina? 1. Detailed Answer In North Carolina probate, a personal representative normally must wait to resolve creditor claims and meet statutory waiting periods before distributing estate assets. Under N.C. Gen. Stat. § 28A-15-10, a personal representative may make interim…

How can North Carolina beneficiaries contest discrepancies like misallocations or double charges in probate asset distributions?

How can North Carolina beneficiaries contest discrepancies like misallocations or double charges in probate asset distributions? Detailed Answer When someone dies in North Carolina with assets to distribute, the personal representative (sometimes called the executor) collects assets, pays debts, and distributes what remains to the beneficiaries. The representative must prepare an inventory, appraisement, and account…