How do beneficiary-designated (POD/Transfer-on-Death) accounts bypass probate in North Carolina?

How Do Beneficiary-Designated Accounts Like POD or Transfer-on-Death Savings Accounts Affect North Carolina Probate? In North Carolina, assets held with beneficiary designations—such as “Payable on Death” (POD) bank accounts or Transfer-on-Death registrations—bypass probate entirely. When a decedent names a beneficiary on a savings account, the financial institution must release funds directly to that person upon…

How can I verify whether my NC probate lawyer’s retainer covers full probate administration or limited representation?

What Is the Difference Between Full Probate Administration and Limited Representation in North Carolina, and How Can I Confirm My Attorney’s Scope of Services? When you hire a probate attorney in North Carolina, the retainer agreement should clearly describe whether you’re engaging for full probate administration or for a limited task. Full probate administration generally…