This Article does not apply to any of the following:

(1)        Executors or trustees in their representative capacity.

(2)        Partnerships governed by Chapter 59 of the N.C. Gen. Stat..

(3)        Business entities.

(4)        Accounts established under N.C. Gen. Stat. § 41-2.1 or N.C. Gen. Stat. § 41-2.2 to the extent inconsistent with the provisions of this Article.

(5)        Life estates. ?(2020-50, s. 2(a), (c); 2021-91, s. 9.)