Can I use the one-year statutory allowance to get trailers and a small bank account transferred to me?: Answered for North Carolina

Can I use the one-year statutory allowance to get trailers and a small bank account transferred to me? – North Carolina Short Answer Yes—North Carolina’s one-year spousal allowance lets a surviving spouse receive up to $60,000 of the decedent’s personal property, which can include titled trailers and a bank account held solely in the decedent’s…

Can I appoint a family member like my child to serve as personal representative instead of a public administrator?: Answered for North Carolina probate

Can I appoint a family member like my child to serve as personal representative instead of a public administrator? – North Carolina Short Answer In North Carolina, you cannot personally appoint the next personal representative. The Clerk of Superior Court makes that appointment based on statutory priority and suitability. If you wish to step down,…

Do I have to notify all creditors in the North Carolina ancillary estate, or can I limit notices to secured claimants?

Do I have to notify all creditors in the North Carolina ancillary estate, or can I limit notices to secured claimants? – North Carolina Short Answer In North Carolina, you cannot limit creditor notices to secured claimants. After the Clerk issues ancillary letters, you must publish a general notice to all creditors and send personal…

What executor commissions and filing fees am I entitled to when I sell estate property to pay creditors?: North Carolina

What executor commissions and filing fees am I entitled to when I sell estate property to pay creditors? – North Carolina Short Answer In North Carolina, an executor’s commission is discretionary and capped at up to 5% of commissionable receipts and disbursements. If you sell real property to pay debts, your commission is limited to…

How can I qualify an executor for ancillary probate in another state?: practical steps under North Carolina law

How can I qualify an executor for ancillary probate in another state? – North Carolina Short Answer In North Carolina, a domiciliary personal representative from another state can qualify for ancillary letters by filing an application with the Clerk of Superior Court in the county where the North Carolina assets are located, attaching authenticated appointment…