What is a year’s allowance and how can it help me and my sibling secure our shares of the estate?: North Carolina

What is a year’s allowance and how can it help me and my sibling secure our shares of the estate? – North Carolina Short Answer Under North Carolina law, a “year’s allowance” lets a surviving spouse and qualifying children quickly receive certain personal property or cash from the estate for support, ahead of most creditor…

How can I compel the executor to release my mother’s personal items and household furnishings?: North Carolina

How can I compel the executor to release my mother’s personal items and household furnishings? – North Carolina Short Answer In North Carolina, the personal representative (executor) must preserve estate property and generally should not distribute items until after the creditor claim period has run and the estate appears solvent. If delay continues without good…

What rights do I have as a minor beneficiary when the trustee delays returning a vehicle and other assets?

What rights do I have as a minor beneficiary when the trustee delays returning a vehicle and other assets? – North Carolina Short Answer In North Carolina, a personal representative may hold estate property during the creditor claim period and until valid debts and costs are paid. A trustee must safeguard assets, keep beneficiaries reasonably…

How can I confirm which relatives are legally entitled to inherit and need to sign off on a property sale?: North Carolina

How can I confirm which relatives are legally entitled to inherit and need to sign off on a property sale? – North Carolina Short Answer In North Carolina, when someone dies without a spouse, children, parents, siblings, or grandparents, inheritance moves to the decedent’s aunts and uncles and then down to their descendants (including first…