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Home » US Law » 2022 North Carolina General Statutes » Chapter 35A - Incompetency and Guardianship » Article 17 - Gifts from Income for Certain Purposes.

§ 35A-1335 – Gifts authorized with approval of judge of superior court.

35A-1335. Gifts authorized with approval of judge of superior court. With the approval of the resident judge of the superior court of the district in which the guardian was appointed, upon a duly verified petition the guardian of a person judicially declared to be incompetent may, from the income of the incompetent, make gifts to […]

§ 35A-1336.1 – Prerequisites to approval by judge of gifts to individuals.

35A-1336.1. Prerequisites to approval by judge of gifts to individuals. The judge shall not approve gifts from income to individuals unless it appears to the judge’s satisfaction that both the following requirements are met: (1) After making the gifts and paying federal and State income taxes, the remaining income of the incompetent will be reasonable […]

§ 35A-1338 – Validity of gift.

35A-1338. Validity of gift. A gift made with the approval of the judge under the provisions of this Article shall be deemed a gift by the incompetent and shall be as valid in all respects as if made by a competent person. (1963, c. 111, s. 4; 1987, c. 550, s. 4.)