by Durham Law Firm | Aug 14, 2014 | Estate Administration
Real property in estate administration Title to real property vests in the heirs of the decedent at the time of the decedent’s death, or, if the decedent leaves a valid will, at the time of the probate of the will, with ownership rights in the heirs relating...
by Durham Law Firm | Aug 7, 2014 | Estate Planning, Estate Administration
“Three simple steps, and then you will see, how easy making an estate plan can be… Three simple steps” has been going through my head all day, as it’s a derivation from a theme song on a show my 4 year old son watches all the time. The three...
by Durham Law Firm | Aug 4, 2014 | Estate Planning, Estate Administration
Reasons to Avoid Probate Probate is the process of administering the estate of a deceased person, which means making filings with the court, paying creditors, and transferring property to the heirs or beneficiaries (the people named in the Will or under state law if...
by Durham Law Firm | Jul 25, 2014 | Estate Administration
The “executor” is the person you pick in your Will to manage your affairs after you are deceased. They are responsible for opening the estate, collecting all property into the estate, paying creditors, making important decisions, and ultimately distributing what is...
by Durham Law Firm | Jul 18, 2014 | Estate Planning, Estate Administration
Do Young People Need an Estate Plan in Raleigh/Durham/Morrisville, North Carolina? A commonly held myth is that if you die without a Will in North Carolina, there’s a good chance that the right people will still end up with your stuff, or better yet, if you leave a...
by Durham Law Firm | Jun 26, 2014 | Estate Planning, Estate Administration
Below you will find the 3rd in a multi-part series on the Power of Attorney in North Carolina. Across many jurisdictions, the power of the agent to make gifts has been highly debated. In North Carolina, there has never been a statute prohibiting the power to make...