How do I find and select an attorney to draft a will and trust in Greensboro, NC?

How do I find and select an attorney to draft a will and trust in Greensboro, NC? Finding the right attorney to prepare your will and trust starts with understanding your needs and the attorney’s qualifications. In Greensboro (Guilford County), you’ll want a lawyer familiar with North Carolina’s formalities for wills (NCGS § 31‑2‑101) and trusts (Chapter 36C…

How does selling an estate property affect inheritance and which debts are paid first under North Carolina law?

FAQ: How does selling an estate property in North Carolina affect my inheritance and what debts get paid first? When a personal representative sells real estate as an estate asset, proceeds flow into the estate’s account. North Carolina law mandates that before any distribution to heirs, the representative must pay approved costs and valid creditor…

When does real property become part of a North Carolina probate estate for distribution or creditor claims?

When Does Real Property Become Part of a North Carolina Probate Estate? In North Carolina, real property does not automatically become part of a decedent’s probate estate for distribution. Under North Carolina law, specifically N.C.G.S. § 28A‑13‑3, homestead and other exempt real estate remain outside the pool of assets used to settle creditors’ claims unless the…

What steps should a North Carolina personal representative take if estate funds are misappropriated at a real estate closing?

FAQ 1: What Should a Personal Representative Do If Estate Funds Appear Misappropriated at a Real Estate Closing? When you serve as a personal representative in a North Carolina probate estate and suspect that closing expenses doubled‑charged the estate, your first step is to gather and review all supporting documents. Pull the HUD‑1 or Closing…