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Category Archives: Estate Attorney Raleigh NC

How to Navigate a Testamentary Trust (Trust Under Will)

Managing a distribution from your estate to minors, adults with special needs, or people who have challenges managing money can be daunting. Each of these categories of recipients comes with its own challenges. However, with proper planning in place, we can help you navigate the Testamentary Trust process which allows you to leave distributions to…
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What is Earnest money and when is earnest money refundable?

What is Earnest money? The earnest money deposit is a deposit paid by the buyer when the buyer enters into an offer to purchase and contract to buy a certain piece of real property. The amount of the Earnest Money Deposit typically ranges from one to two percent of the purchase price. This deposit is…
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What is the Due Diligence Period in North Carolina?

What is the Due Diligence Period in North Carolina? The due diligence period is a time for the buyer to make important decisions, test the quality of the home, and ultimately decide whether or not to buy or to walk away. The due diligence period in North Carolina is a negotiation in the offer to…
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Real Property Expenses and Estate Administration

Real property such as houses, land, and condominiums can often be a source of confusion in estate administration. As with many areas of the law, this one has a few general rules and several exceptions that make every estate administration unique. While this article may provide some guidelines to the basic estate administration questions, you…
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