How can I force a relative with power of attorney to return funds that belonged to the trust if they were withdrawn before death and put into a personal account? – NC

How can I force a relative with power of attorney to return funds that belonged to the trust if they were withdrawn before death and put into a personal account? – North Carolina Short Answer In North Carolina, a person acting under a power of attorney (the “agent”) owes fiduciary duties to the person who…

What happens if my Year’s Allowance application is delayed or denied, and can I correct mistakes or reapply? – NC

What happens if my Years Allowance application is delayed or denied, and can I correct mistakes or reapply? – North Carolina Short Answer In North Carolina, a Years Allowance request is handled by the Clerk of Superior Court, and delays or denials usually trace back to missing proof, notice problems, venue issues, or questions about…

Should I open an estate if there appear to be no probate assets and creditors are starting collection efforts? – NC

Should I open an estate if there appear to be no probate assets and creditors are starting collection efforts? – North Carolina Short Answer Often, yes—opening an estate (or another clerk-filed estate proceeding) can make sense in North Carolina even when there are no obvious “probate assets,” especially when creditors are demanding payment and there…

Can a personal representative be personally liable if a settlement is reached for less than the full balance or if the estate cannot pay? – NC

Can a personal representative be personally liable if a settlement is reached for less than the full balance or if the estate cannot pay? – North Carolina Short Answer Usually, no. In North Carolina, a personal representative generally pays valid debts only from estate assets, and an estate that is insolvent can pay claims only…

Will banks and agencies accept the current letters, or should I wait for corrected ones before handling estate business? NC

Will banks and agencies accept the current letters, or should I wait for corrected ones before handling estate business? – North Carolina Short Answer In North Carolina, most banks and agencies will only act when the personal representative presents a certified copy of currently valid Letters Testamentary or Letters of Administration issued by the Clerk…