§ 31D-5-501 Creditor claim; general power created by power holder
§ 31D-5-502 Creditor claim; general power not created by power holder
§ 31D-5-503 Power to withdraw
§ 31D-5-504 Creditor claim; nongeneral power
§ 31D-5-505 Requisites of release as against creditors and purchasers for value
Need help with a review of a will? Chat with an attorney and protect your rights.

Terms Used In North Carolina General Statutes > Chapter 31D > Article 5 - Rights of Power Holder's Creditors in Appointive Property

  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • in writing: may be construed to include printing, engraving, lithographing, and any other mode of representing words and letters: Provided, that in all cases where a written signature is required by law, the same shall be in a proper handwriting, or in a proper mark. See North Carolina General Statutes 12-3
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3