What Is Probate? 5 Things You Need To Know
If you're like many people, the idea of probate can be confusing and uncertain. To start, understanding “what is probate?” is a good place to start. Understanding this process can help you find ways to improve your planning and outcome. An estate planning professional is a great resource to help guide you through the probate process. With proper planning, you…
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How Can I Avoid Probate?
Probate has a reputation as being a contentious and lengthy process. It can be an opportunity for relatives or others to contest the validity of a will or attempt to inject their supposed legal rights into the proceedings. Understandably, many people making their Wills aim to avoid probate if at all possible. Unfortunately, it is difficult to avoid probate altogether.…
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North Carolina Small Estates: Not Every Estate Has to be Probated
Generally speaking, there are three types of small estates. They’re generally called the “spousal allowance” (formal name – “petition for year’s allowance”), the “collection by affidavit” (formal name – “affidavit for collection of personal property”), and then there’s “summary administration”. Each of those allows for essentially an expedited probate process or a non-probate based estate resolution. They apply in different…
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Does My Will Avoid Probate?
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Probate in NC: Qualifying as Executor of the Estate
The period following the death of a loved one is already a very difficult time, but once things start to settle down there’s a lot of work left to do: the North Carolina probate process. If your loved one had a will that needs to be submitted to probate, just getting the process started can be confusing for an Executor.…
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