Posted on May 19, 2017

North Carolina Small Estates Administration

Executors may discover throughout the course of estate administration that the value of the estate falls within North Carolina’s statutory threshold for…

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Categories
Category: Probate
Posted on May 13, 2017

4 Signs That Assets are at Risk to Lawsuits in NC

North Carolina is often referred to as a debtor-friendly state due to the many statutory creditor protections state law provides. However, even…

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Categories
Category: Asset Protection
Posted on May 12, 2017

First Forms for North Carolina Executors

Certain forms must be filed before an individual may begin serving as executor or administrator of an estate in North Carolina. Probate…

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Categories
Category: Probate
Posted on May 11, 2017

Factors That Affect Length of Probate

The duration of a North Carolina probate administration depends on a variety of factors. Simple estates may be settled in less than…

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Categories
Category: Probate
Posted on May 9, 2017

Important North Carolina Probate Forms

Executors must maintain records of accounting and other required documentation as part of their administrative duties. Failing to do so might result…

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Categories
Category: Probate
Posted on May 8, 2017

Managing Estate Assets

One of an executor’s many responsibilities is preserving estate assets until distribution. In order to manage estate assets, the executor must first access and…

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Categories
Category: Probate
Posted on May 5, 2017

Dealing With Creditors in NC Probate

Personal representatives and executors follow a state-mandated timeline for creditor notifications. When it comes to managing debts, including through approval or rejection of…

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Category: Probate
Posted on May 4, 2017

Estate Issues With DIY Deeds

Some estates involve property that has been titled or re-titled by a decedent who wrote their own property deed. Executors sometimes need…

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Categories
Category: Probate
Posted on April 12, 2017

3 Reasons Why an Executor May Resign

Occasionally an individual serving as executor of an estate in North Carolina must resign from their role. The executor must file a…

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Categories
Category: Probate
Posted on April 7, 2017

Taxes That Apply to Inheritances in NC

While North Carolina’s estate tax was repealed in 2013, other taxes may apply to an inheritance. Tax implications depend on the type…

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Categories
Category: Tax
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