Are there special probate rules for minors?

In North Carolina, minors (individuals under the age of 18) have special rules regarding probate. When a minor is the beneficiary of a will or an intestate estate (one without a valid will), they must have a conservator appointed by the court to handle the legal transfer of their inheritance. Generally, this is done in order to protect the minor’s financial interests and ensure that the deceased’s wishes are followed. In most cases, the conservator that is appointed is responsible for investing the minor’s assets, making payments from the estate for the minor’s benefit, and other estate-related tasks. The conservator also must provide an accounting to the court annually to report on the status of the assets. The conservator may also be required to petition the court for permission to make certain investments or disbursements. In addition, the court may also require the conservator to provide proof that the funds received by the minor are being used for the minor’s benefit, and in the manner that the deceased intended. This could include providing documentation of educational expenses, medical bills, or other needs of the minor beneficiary. This is to ensure that the funds are being used responsibly and for the benefit of the minor. In North Carolina, the court may also appoint a guardian ad litem for a minor beneficiary. This is an individual who represents the interests of the minor in court proceedings, and is responsible for ensuring that the assets of the minor are protected.

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