§ 35A-1322. Advancement to adult child or grandchild. - North Carolina Statutes

§35A‑1322.  Advancement to adult child or grandchild.

When such incompetent personis possessed of a real or personal estate in excess of an amount more thansufficient to abundantly and amply support himself with all the necessaries andsuitable comforts of life and has no minor children nor immediate familydependent upon him for support, education or maintenance, such advancements maybe made out of such excess of the principal of his estate to such child orgrandchild of age for the better promotion or advancement in life or inbusiness of such child or grandchild: Provided, that the order for suchadvancement shall be approved by the resident or presiding judge of thedistrict who shall find the facts in said order of approval. (1925,c. 136, s. 1; 1977, c. 725, s. 5; 1987, c. 550, s. 3.)