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Estate planning typically involves drawing up numerous documents with the most well-known being the last will and testament. After a testator dies, a North Carolina probate court will oversee the transfer of assets to beneficiaries named in the will. Not all estates...
Commercial real estate appraisers in North Carolina provide an estimated opinion of value for income-producing property. Depending on the complexity, this process may take anywhere from a week to a couple of months. A five-unit multi-family property takes less effort...
Closing is the final step to owning your dream home in North Carolina. This process involves several individuals, including the buyer, seller, real estate agents, lenders, title companies and attorneys. If you are a first-time homebuyer, it is important to understand...
Owner financing is a popular option for buyers and sellers in the home-buying market, especially in North Carolina. However, it has both benefits and risks. This post discusses what owner financing is and how it works. Definition of terms Owner financing, also known...
Property lines define the legal boundary limits of your lot. Knowing your property lines helps you understand the points where your property ends and your neighbors' lot begins. This knowledge may prevent legal disputes between yourself and your North Carolina...
When you have a high-net-worth estate in North Carolina, it's more important than ever to ensure that you're planning ahead and making the right decisions when it comes to estate planning. With more wealth comes more potential taxes and other pitfalls of estate...
Devising a thoughtful estate plan in North Carolina allows someone to transfer assets to those they feel deserving, including relatives, charities, and others. The process could involve more planning than the average person realizes, but deliberate steps taken at the...
Like every other state, North Carolina has laws that limit what police can do to arrest people and charge them with crimes. These rules, combined with the Bill of Rights and other federal laws, help balance the government's power and our civil rights, including the...
The U.S. Tax Code presents specific details about what taxes people and companies pay, along with rules that might allow a person or enterprise to reduce tax burdens. A North Carolina resident may receive a notice from tax authorities questioning legal deductions. A...
Most North Carolina adults want to protect their loved ones after passing away. Fortunately, setting up an estate plan helps ensure your assets go to your assigned beneficiaries. While the estate planning process is beneficial, it's not often easy to accomplish by...