What are my options when the costs of a property partition action outweigh the estate’s available equity in North Carolina?

What Are My Options When the Costs of a Property Partition Action Outweigh the Estate’s Available Equity in North Carolina? Detailed Answer When an estate holds real property and the expenses of partition—including appraisals, court costs, commissioner’s fees and attorney’s fees—exceed the property’s equity, pursuing a partition action under Chapter 46 of the North Carolina…

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

Detailed Answer In North Carolina, you need a probate attorney when the decedent’s connections to this State trigger either a primary or ancillary estate administration. You must open primary administration if the person died domiciled in North Carolina, regardless of whether they left real or personal property here. If the decedent lived out of State…

How do I establish guardianship for an incapacitated adult in North Carolina and protect their assets from Medicaid estate recovery?

How do I establish guardianship for an incapacitated adult in North Carolina and protect their assets from Medicaid estate recovery? Establishing Guardianship for an Incapacitated Adult In North Carolina, you start by filing a petition in the clerk of superior court where the person resides. Under N.C.G.S. § 35A-1211, your petition must describe the adult’s…

How long after publishing notice must creditors submit claims and what filings are required for North Carolina estate inventory and accounting?

How Long After Publishing Notice Must Creditors Submit Claims and What Filings Are Required for North Carolina Estate Inventory and Accounting? Detailed Answer When someone dies in North Carolina, the personal representative (formerly called executor or administrator) must notify creditors by publishing notice in a local newspaper. This step starts the clock on creditor claims…

What steps are required to open an intestate estate in North Carolina when someone dies without a will?

What Steps Are Required to Open an Intestate Estate in North Carolina? Detailed Answer When someone dies without a valid will in North Carolina, the estate proceeds through intestate administration under state law. North Carolina General Statutes Chapter 28A and Chapter 29 set the requirements for opening and administering an intestate estate. Below are the…