What authority do letters of administration grant me to access and manage estate accounts? NC

What authority do letters of administration grant me to access and manage estate accounts? – North Carolina Short Answer In North Carolina, letters of administration are the Clerk of Superior Court’s written proof that an administrator has been officially appointed to act for an estate. Once issued, they usually allow the administrator to identify and…

What steps can I take to force the administrator to produce the estate inventory and financial records? – NC

What steps can I take to force the administrator to produce the estate inventory and financial records? – North Carolina Short Answer In North Carolina, an estate administrator must file an inventory with the Clerk of Superior Court (Estates Division) within three months after qualifying, and must file required accountings. If the administrator does not…

How can I obtain proof of satisfaction for the remaining creditor claims to complete the final accounting? NC

How can I obtain proof of satisfaction for the remaining creditor claims to complete the final accounting? – North Carolina Short Answer In North Carolina estate administration, the personal representative typically proves that remaining creditor claims have been handled by filing “vouchers” showing payment or other resolution of each debt with the final account filed…

Can a bank refuse to provide historical account records if there is no separate estate account and I only need the decedent’s prior account information? NC

Can a bank refuse to provide historical account records if there is no separate estate account and I only need the decedent’s prior account information? – North Carolina Short Answer In North Carolina, a financial institution often will not release a decedent’s historical account records to anyone except the court-appointed personal representative (or someone the…

How do I verify whether a debt collector’s claim against an estate is valid? – NC

How do I verify whether a debt collector’s claim against an estate is valid? – North Carolina Short Answer In North Carolina, the personal representative (executor or administrator) verifies a debt collector’s claim by checking whether the claim was properly presented and timely under the estate “non-claim” deadlines, and whether the collector can prove the…