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What are the Duties of an Executor?

What are the Duties of an Executor?

by Durham Law Firm | Nov 13, 2020 | Estate Administration, Probate

As an executor for a will, you have been honored with a position of trust. Another person believes that you can distribute their estate fairly and care for any investments and costs responsibly while distributing inheritance to their heirs. The position of executor is...
How Do I Settle a Trust After Death?

How Do I Settle a Trust After Death?

by Durham Law Firm | Sep 25, 2020 | Estate Administration

If you are the trustee of an estate, it is your job to disburse the assets to the beneficiaries. This process may take time to accomplish and you may need help from a knowledgeable estate planning...
North Carolina Special Proceedings to Sell Real Property

North Carolina Special Proceedings to Sell Real Property

by Durham Law Firm | Jan 23, 2020 | Estate Administration, Probate

Often, a person will die and leave behind real property, such as a home or land. Sometimes, that person will have debts or claims against their estate that cannot be paid unless the property is sold to create funds. It is important to note, however, that in many...
Submitting a Probate Inventory of Estate Assets

Submitting a Probate Inventory of Estate Assets

by Durham Law Firm | Jan 14, 2020 | Estate Administration, Probate

Three months after an estate has been opened, the Court will require a Probate Inventory to be submitted. The Inventory is a precise list of estate assets. To figure out what the assets are, you will need to figure out what the decedent owned at the time of their...
Probate Issues with Filing Inventory and Annual Accounts and How to Fix Them

Probate Issues with Filing Inventory and Annual Accounts and How to Fix Them

by Durham Law Firm | Jul 30, 2019 | Estate Administration

Estate executors are responsible for filing an estate inventory as well as annual accounts with the Court. Sometimes, it may take several attempts to get the filings approved. In cases where the filings continuously get rejected, the executor may end up being held in...
Are Beneficiaries Responsible for Debts Left by the Deceased?

Are Beneficiaries Responsible for Debts Left by the Deceased?

by HWH Updates | Jul 9, 2019 | Estate Administration

The death of a loved one is never easy, not in the least, because of relentless creditors who continuously call or mail about overdue bills belong to the deceased person. When you are trying to handle the grief of losing a loved one, the last thing you want to deal...
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