Laws concerning North Carolina Wills are found in Chapter 31 of the North Carolina General Statutes. You can create a legal and valid North Carolina Will that meet these criteria using LegacyWriter's online forms.
Who Can Make a Will?
A North Carolina Will can be created by an adult who is of sound mind at the time of creating the document.
North Carolina Estate Taxes
Upon your death federal and North Carolina taxes can be collected. If your estate is large enough to meet the minimum filing standards ($1.5 million for deaths in 2005), the executor of your estate has 9 months to file United States Estate Tax Return (IRS Form 706) and pay any taxes that are due.
Probate: North Carolina courts and your Last Will
Probate is a court-supervised process for gathering the deceased person's assets, paying taxes, claims and expenses and distributing assets to beneficiaries. A person's assets that are processed in probate include both items described in a North Carolina Will and even assets that may not be explicitly listed in the Will.
Related LegacyWriter Information
Other North Carolina Will Links