Frequently Asked Questions about Probate and Estate Administration in NC What Does “Reading of the Will” Actually Mean in North Carolina? The phrase “reading of the will” often brings to mind dramatic scenes from movies where a lawyer gathers family members and heirs in a room to announce the contents of a deceased person’s will.…
Frequently Asked Questions about Probate and Estate Administration in NC How Can I Access a Safety Deposit Box for Probate in North Carolina Before Probate? In North Carolina, accessing a decedent’s safety deposit box is often a crucial step to locating important documents such as a will, insurance policies, or other critical financial records. However,…
Frequently Asked Questions about Probate and Estate Administration in NC How Can I Claim a Life Insurance Policy for a Minor Beneficiary? When a loved one passes away and leaves a life insurance policy in which a minor is a beneficiary, it can be crucial to understand the appropriate steps for claiming these benefits. Here’s…
Frequently Asked Questions about Probate and Estate Administration in NC How Do I Open an Estate in North Carolina After a Loved One Passes Away? Opening an estate in North Carolina involves several steps, which are particularly necessary when managing the assets of a deceased person. To begin, obtain the death certificate as this is…
Frequently Asked Questions about Probate and Estate Administration In North Carolina How Can Someone Be Removed as Power of Attorney? Power of attorney (POA) gives a person authority to make decisions on behalf of the principal. However, this authority can be revoked or changed under specific circumstances: The principal revokes the power of attorney. A…
Frequently Asked Questions about Probate and Estate Administration In North Carolina What is Probate and When is it Required in North Carolina? Probate is a legal process that occurs after someone passes away. It involves the court overseeing the distribution of the deceased person’s assets and the payment of any debts and taxes. In North…