News and Articles

Explore our informative articles, insights, and updates focused on North Carolina Estate Administration, Estate Planning, Partition Actions, and Surplus Fund cases. Our goal is to make these complex topics accessible, offering you guidance and understanding at each step of the legal process. Whether you’re looking to navigate probate administration, protect your assets through careful planning, understand partition actions, or resolve issues with surplus funds, our articles are designed to empower you with practical advice, legal insights, and actionable steps. Stay informed and feel confident as you make decisions about your estate and legal matters.

How Can Heirs Structure Payment of Probate Attorney Fees in North Carolina, Including Retainer Deposits, Hourly Billing, and Inheritance-Share Assignments?

How Can Heirs Structure Payment of Probate Attorney Fees in North Carolina, Including Retainer Deposits, Hourly Billing, and Inheritance-Share Assignments? 1. Detailed Answer When heirs work together to administer an estate in North Carolina, they must decide how to pay probate attorney fees. State law permits three common payment methods: retainer deposits, hourly billing, and…

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How do I match estate tax returns with partnership records to separate estate assets in the State of North Carolina probate and partition?

How do I match estate tax returns with partnership records to separate estate assets in the State of North Carolina probate and partition? Detailed Answer When a decedent holds a partnership interest, the personal representative must identify and value that interest before distribution. Start by reviewing the federal estate tax return (IRS Form 706) if…

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Who Qualifies as an Heir under North Carolina Intestate Succession When a Decedent Has an Adopted Minor Child with Disabilities?

Who Qualifies as an Heir under North Carolina Intestate Succession When a Decedent Has an Adopted Minor Child with Disabilities? 1. Detailed Answer When someone dies without a valid will in North Carolina, the state’s intestate succession law determines who inherits the estate. The presence of an adopted minor child with disabilities raises important questions…

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What are the steps to transfer a deceased spouse’s corporation and open an estate bank account in North Carolina?

Transferring a Deceased Spouse’s Corporation and Opening an Estate Bank Account in North Carolina When a spouse passes away owning shares in a corporation, you must navigate both probate and corporate law to transfer ownership and manage estate funds. This guide walks you through the process under North Carolina law. 1. Petition for Appointment of…

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