We provide counsel and estate administration services.
Estate Administration involves gathering the assets of a decedent, notifying and paying legitimated debts and claims and distributing the remaining assets in accordance with the person’s Will or to their heirs at law in the event there is no will. While fundamentally it seems this would be simple, often, it is very complex and interferes with the grieving process.
The person charged with administering an Estate is a fiduciary and failure to administer the Estate in accordance with the law can result in personal liability to the fiduciary. It is best to begin an Estate administration by consulting with any attorney.
Craige & Fox, PLLC has assisted hundreds of fiduciaries administer Estates. We understand that the process of estate administration can be confusing and emotional. A meeting with an attorney who routinely practices estate administration can be instrumental in helping a named Executor understand their role and the steps required to complete the administration of an estate.
We will guide you through the process of estate administration. This includes explaining probate and how it works in North Carolina, the role and duty of an executor/administrator, what happens to debt, how to organize records and how to distribute assets. Our approach will make an overwhelming process seem straightforward and manageable.
Our services include:
- Review of and Explanation of Last Will and Testament
- Explanation of Probate and Non-Probate Assets
- Determining what type of Estate Administration is necessary
- Forecasting issues which could arise during the Estate Administration
- Preparing accountings and presenting the accountings to the Clerk
Contact Craige & Fox, PLLC to learn more about our process and expertise in estate administration.