Small Estate Administration in North Carolina
It’s possible to dramatically shorten probate proceedings if your North Carolina estate does not exceed a certain size or value as determined by the state. Qualifying estates may benefit from simplified probate proceedings, which can require fewer details and shorten the time span necessary to complete all the tasks.
It is important, however, to consult a North Carolina probate attorney to determine if your estate qualifies for small estate administration, which is also called a Collection by Affidavit. While the small estate process may be a simplified approach for distributing assets, there are several other factors to consider before proceeding. Small estates often still involve a variety of complex details and therefore may require more than a Collection by Affidavit to legally transfer your assets.
