The Shocking Reality of What Happens to Personal Belongings After Death Without a Will
Have you ever wondered what would happen to your belongings if you passed away without a will? Your jewelry, collectibles, artwork, or antiques? The sad reality is that if you do pass away without a will, your personal belongings will become part of your estate and be subject to the laws of intestacy. This means your items will be distributed…
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Do 401Ks and Retirement Accounts Need to Go Through Probate?
You're proud of all the money you've saved, right? You should be. No matter how much the sum is, you have the discipline to save a portion of your gross income and minimize early withdrawals. You understand that by age 70.5, you are subject to the required minimum distributions. While you've made many plans for this money as the account…
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How Much Does an Estate Have to Be Worth to Go to Probate?
Are you navigating the probate process in North Carolina after losing a loved one? Maybe you’re wondering what you need to do to prepare your estate, so the process goes smoothly in the future for your family members. Going through the motions of settling an estate is often stressful, not only because it can get complicated but also because grief…
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Can An Executor Pay Bills Before Probate In North Carolina?
If you're the personal representative, or executor, of a deceased person's estate, you have several responsibilities to fulfill, including paying the person's ongoing bills. You've just lost a loved one, so you're most likely grieving and going through a difficult time. Still, you must go through probate to close the person's estate eventually. Learning about paying the deceased person's credit card…
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Does A Trust Avoid Probate In North Carolina?
Nobody wants to think about the things they need to take care of before they die or how to divide their property before they pass. But, for many families, taking care of these daunting tasks can make life much more manageable after their loved one passes away. That is why in the below post, we will discuss not only whether…
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