What can I do if I am a trust beneficiary and the trustee has not given me any information or accountings? – NC Short Answer Under North Carolina law, a trust beneficiary can ask the trustee for trust information and an accounting, and if the trustee still refuses, the beneficiary can ask the clerk of…
How do I enforce my rights as a beneficiary when a family member is controlling the trust? – NC Short Answer In North Carolina, a trust beneficiary can demand information, review the trust terms, and ask a court to order an accounting or remove a trustee who is not following the trust. A trustee must…
How can I remove a trustee who I believe is using trust money for personal property purchases? – NC Short Answer In North Carolina, a beneficiary can ask the court to review a trustee’s conduct, order an accounting, and remove the trustee if the trustee is misusing trust assets or failing to carry out fiduciary…
Can a trustee use trust assets to buy a house or pay off real estate for themselves? – NC Short Answer No. Under North Carolina law, a trustee generally cannot use trust money or other trust assets to buy a house, pay off real estate, or otherwise benefit themselves unless the trust clearly authorizes that…
Can a power of attorney be signed while someone is in jail? – NC Short Answer Yes. In North Carolina, a person in jail can usually sign a financial power of attorney if that person still understands what the document does, signs it voluntarily, and properly acknowledges the signature before a notary. The main issue…
How do I get a financial power of attorney for an incarcerated family member? – NC Short Answer In North Carolina, an incarcerated person can usually give a financial power of attorney if that person still has legal capacity and signs a properly prepared document before a notary. The practical issue is not incarceration itself,…
What kinds of assets and financial matters can a financial power of attorney cover? – NC Short Answer In North Carolina, a financial power of attorney can give an agent authority over many property and money matters, including bank accounts, personal property, and vehicle-related transactions, if the document clearly grants those powers. The principal can…
Will a financial power of attorney let me handle a vehicle titled only in the other person’s name? – NC Short Answer Usually yes, but only if the North Carolina financial power of attorney is properly signed and gives the agent authority broad enough to deal with the vehicle. A power of attorney can let…
Can I create a special needs trust if my injury happened in another state but I live somewhere else now? – NC Short Answer Yes. Under North Carolina law, the place where the injury happened does not usually control whether a special needs trust can be created for settlement funds. The main questions are whether…
What are the requirements to put lawsuit proceeds into a special needs trust? – NC Short Answer In North Carolina, lawsuit proceeds can often go into a special needs trust if the trust is set up in the right form, the beneficiary meets the disability rules tied to public benefits, and the trust follows Medicaid…
