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Category Archives: trust & probate administration
What do executors of estates manage?
Estate plans are not simple matters, and the people who oversee them – executors – do not have an easy task at hand. What exactly do these executors have to…
Can you face lawsuits for mismanaging an estate?
When someone in North Carolina appoints you the executor over his or her estate, you may find that there are many moving parts involved in the role. You have certain…
What is estate administration and when is it necessary?
The process of settling the estate of a deceased loved one can be quite involved, and for family members who are not prepared for probate, it can be overwhelming. The…
Understanding North Carolina’s process to contest a will
When a person passes away and has a will, often his or her property is distributed to the beneficiaries and the estate is closed. However, in some circumstances a party…
How do you prioritize your estate plan review?
After creating an estate plan, experts generally agree that you should review it at least every 3 years even if nothing is currently changing in your life. This allows you…
How is North Carolina estate administration handled?
If you choose to handle the North Carolina estate of a deceased loved one, there are many responsibilities you might face, including estate administration. When an individual dies without a…
What does an executor do?
Being named a personal representative, also known as an executor, in a loved one’s will is a huge responsibility. The executor of a will has many duties, from paying beneficiaries…
What is fiduciary duty?
When you take on the duties of administrator of someone’s estate or trustee of someone’s trust, you become a fiduciary. FindLaw explains that as such, you must work for the…
Strategies for selecting a legal guardian
For many parents in North Carolina, the task of choosing another person, couple or family to assume guardianship of their children can be a serious matter. Parents can only hope…
Tom Petty’s heirs in conflict over estate plan
North Carolina fans of the late musician Tom Petty may be aware that his family has been locked in a battle over his estate. At issue is the ambiguity of…
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