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Estate Administration

Estate Administration
Estate Administration Lawyer in Matthews, NC

Estate Administration

Do I have to do an Estate Administration?

Some common reasons to know that you need to do an estate administration are:

  • When a bank or financial institution tells you that you cannot gain access to a departed individual’s assets without an estate administration.
  • Assets are titled in the decedent’s name without a means to get it out of his or her name.
  • You are concerned about a deceased individual’s creditors and want an effective way to deal with or bar those creditors.
  • The deceased owned real property/land and you want to clear title to that land to be able to sell it.
  • The departed owned a business and an estate administration is needed to handle that business.
  • The decedent was pursuing a lawsuit or was being sued at the time of his or her death, or you want to ensure that the decedent’s assets go as he or she directed, or you want clarity as to where and to whom those assets will go.

    Estate Administration is the process by which a deceased person’s assets not disposed of otherwise are gathered by a court appointed personal representative, the decedent’s creditors are handled, the debts, taxes, costs, and expenses of the departed or of his or her estate are paid, and the remaining assets are distributed as provided in the will.

    Estate administration enables the personal representative to gather personal property not disposed of otherwise (e.g., household furnishing, furniture, collectibles, vehicles, bank accounts, stocks, bonds, interests in companies, etc.) and ensure its proper distribution.

    Real property or land is governed by the state laws of its location and a personal representative, without starting additional court proceedings, may not have control over that real property. As such, real property located outside of the domicile of the departed may require additional estate administration in the state where the real property is located.

    Probate is the common term for an estate administration, but in North Carolina it simply means that the court has accepted the last will and possibly codicil of someone who has passed, if any, as being valid.

    The most common reason to do estate administrations in multiple states is when the decedent owned real property in another state or states other than the state of the domicile of the departed and such real property is not disposed of otherwise (i.e., with rights of survivorship).

    An estate administration is a legal proceeding which can encompass almost every area of law (e.g., real property law, family law, tax law, creditor law, bankruptcy law, contract law, personal property law, business law, etc.) and the clerk of court, while helpful, cannot give legal advice or legal help.

    Due to the legal nature of estate administration, it is easy for a personal representative, who is a fiduciary, to unwittingly or unknowingly expose himself or herself to legal liability and thus financial liability; an attorney guides a personal representative through this legal minefield and ensures that no mistakes are made. In 20 years of practicing estate administration, I have handled over 650 estates and my paralegal, Haley Reitzen, and I know the process, know the court system and the clerks and know how to efficiently handle and complete the estate administration process.

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    Why Choose Weaver, Bennett and Bland

    Our firm has been serving families in Matthews are the surrounding communities of greater Charlotte for close to four decades. As one of the region’s most trusted firms, our clients work with knowledgable and experienced attorneys who are willing to fight for your interests. We understand the sensitive nature of family law, which is why we bring compassion and professionalism to the table for each case.

    Our extensive courtroom experience has led to victories in some of the highest conflict cases and our mediation and negotiation skills have led to a settlement before a trial was needed. We believe settlements are in the best interest of all parties, especially when children are involved.

    If you’re looking for an attorney with tenacity and a willingness to battle for your cause, then contact us directly to schedule a consultation.

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    About Us

    For more than 37 years, Weaver, Bennett & Bland, P.A. has helped individuals and businesses achieve success in their legal challenges, and we’re recognized as one of the most established and trusted law firms in the Charlotte, North Carolina area.  We’ve represented almost 22,000 clients over the last three decades with integrity and professionalism.

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    196 North Trade Street Matthews, NC 28105
    Mon – Thur: 8:30am – 5:30pm
    Fri: 8:30am – 5:00pm
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