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Probate Q&A Series

If a minor co-owns inherited property, do we need a guardian ad litem or can the minor’s parent sign to approve the sale? NC

If a minor co-owns inherited property, do we need a guardian ad litem or can the minor’s parent sign to approve the sale? – North Carolina Short Answer In North Carolina, a parent generally cannot just sign closing documents to sell a minor’s inherited real estate interest. A court-supervised process is usually required, either through…

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Real Estate Q&A Series

How does reselling a vacation club contract work, and what paperwork and approvals are required? NC

How does reselling a vacation club contract work, and what paperwork and approvals are required? – North Carolina Short Answer In North Carolina, reselling a vacation club (often structured as a timeshare interest) usually works like a small real-estate-style closing: the seller and buyer sign a resale purchase contract, the program’s managing entity confirms the…

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Probate Q&A Series

Can the personal representative make distributions or close the estate before the final accounting is approved? – NC

Can the personal representative make distributions or close the estate before the final accounting is approved? – North Carolina Short Answer In North Carolina, a personal representative may be able to make some distributions before the Clerk of Superior Court approves the final account, but doing so can increase risk if later claims, expenses, or…

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Wrongful Death

Can I apply for a spousal allowance and a family allowance while the wrongful death case is pending, and will that change the payout later? – NC

Can I apply for a spousal allowance and a family allowance while the wrongful death case is pending, and will that change the payout later? – North Carolina Short Answer Yes. In North Carolina, a surviving spouse (and certain minor children) can seek statutory estate allowances during estate administration even while a wrongful death claim…

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Partition Action Q&A Series

Will a mutual release in the settlement agreement end the partition case and override any prior handwritten agreements about interest or repayment? NC

Will a mutual release in the settlement agreement end the partition case and override any prior handwritten agreements about interest or repayment? – North Carolina Short Answer In North Carolina, a mutual release in a written settlement agreement can end a partition case if the parties also file a proper dismissal with the court (or…

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