Posted in Estate Administration on Thu September 16, 2010
In North Carolina, if a person dies without a Will, that person is said to have died “intestate,” and the Administrator is the person who handles the deceased person’s (decedent’s) estate. If the person died with an original of his/her last Will, that person has died “testate,” and the Executor named in the Will would be handling the estate.
This is the most important distinction to make before going through the steps of handling a deceased person’s estate.
Continue reading Estate Administration: Qualifying as Administrator
Posted in Property Restrictions on Thu September 2, 2010
How important is it that you know the restrictions on your property? Just ask a recent Charlotte couple who now have to demolish a $500,000 addition to their home because they innocently failed to follow setback requirements recorded in 1915. Before there were zoning requirements, sellers (grantors) were permitted to restrict the use of property that they sold. For example there could be restrictions on whether it could be used for residential purposes – or the size of a home could be regulated –
Continue reading Covenants, Conditions and Restrictions?