News and Articles

Page 284 of 685

Probate Q&A Series

How can I find out what has been filed in the estate and get copies of the accounting and other paperwork before everything is finalized? nc

How can I find out what has been filed in the estate and get copies of the accounting and other paperwork before everything is finalized? – North Carolina Short Answer In North Carolina, most estate administration paperwork is filed with the Clerk of Superior Court (Estates Division) in the county where the estate is open,…

Read more
Guardianship Q&A Series

What happens if my adult child is living in another state—do I have to file for guardianship where they currently live? nc

What happens if my adult child is living in another state—do I have to file for guardianship where they currently live? – North Carolina Short Answer Often, yes. Under North Carolina’s jurisdiction rules for adult guardianship, the starting point is usually the adult’s “home state,” which is commonly the state where the adult has been…

Read more
Probate Q&A Series

What happens to the estate closing timeline if the notice-to-creditors publication proof wasn’t filed? nc

What happens to the estate closing timeline if the notice-to-creditors publication proof wasn’t filed? – North Carolina Short Answer In North Carolina, a missing proof of publication for the notice to creditors usually delays the clerk’s ability to approve a final account and close the estate file. The creditor “clock” generally runs from the first…

Read more
Probate Q&A Series

Who is responsible for ongoing costs like property taxes, insurance, utilities, and maintenance when someone has the right to live in the house? nc

Who is responsible for ongoing costs like property taxes, insurance, utilities, and maintenance when someone has the right to live in the house? – North Carolina Short Answer In North Carolina, when a will gives someone the right to live in a house for life (often treated like a life estate), that person is generally…

Read more
Probate Q&A Series

Do I have to list bank accounts and other non-probate assets on the probate inventory, and where do they go on the inventory form? nc

Do I have to list bank accounts and other non-probate assets on the probate inventory, and where do they go on the inventory form? – North Carolina Short Answer In North Carolina, the probate inventory is broader than “probate-only” property. Many assets that pass outside probate (like joint-with-survivorship accounts and POD/TOD accounts) are still typically…

Read more
Real Estate Q&A Series

How does a balloon commercial real estate loan work, and what happens when the maturity date comes up? nc

How does a balloon commercial real estate loan work, and what happens when the maturity date comes up? – North Carolina Short Answer In North Carolina, a balloon commercial real estate loan usually has monthly payments calculated on a long amortization schedule (often 20–30 years), but the note “matures” earlier (often 3–10 years). When the…

Read more
Probate Q&A Series

If there is a deficiency judgment listed in the paperwork, does that mean any estate assets would have to go to that debt before heirs receive anything? nc

If there is a deficiency judgment listed in the paperwork, does that mean any estate assets would have to go to that debt before heirs receive anything? – North Carolina Short Answer Not automatically. In North Carolina, heirs generally receive estate property only after the estate’s valid expenses and creditor claims are handled in the…

Read more
Go to Top
Free Consultation

Talk with a North Carolina attorney

Tell us a bit about your situation and we'll respond within one business day.