If you live in North Carolina and wish to take advantage of a sales tax holiday near you, try shopping in one of these five nearby states. They all have tax-exempt weekends scheduled for 2018. Alabama will hold a severe weather tax free holiday on Feb. 23 â 25, 2018.
All of these matters are addressed by the probate process in the state in which the deceased person lived. Probate is the legal process of administering a deceased personâs estate. A decedentâs probate estate consists of assets left owned by the decedent in his or her name alone. Before any beneficiary or heir of a deceased person can receive property that belonged to the deceased person, the estate must be properly administered and all debts of the estate must be cleared.
Probate is a legal process whereby a court oversees the distribution of assets left by a deceased person. Assets are anything a person owns with value, such as real and personal property and cash, for instance. Probate is not always necessary.If the deceased person owned bank accounts or property with another person, the surviving co-owner often will then own that property automatically.ssets are anything a person owns with value, such as real and personal property and cash, for instance. Probate is not always necessary. If the deceased person owned bank accounts or property with another person, the surviving co-owner often will then own that property automatically.