If I was listed on a bank account with my parent, what happens to that money after my parent’s death, and can someone move it out of the joint account? nc

If I was listed on a bank account with my parent, what happens to that money after my parent’s death, and can someone move it out of the joint account? – North Carolina Short Answer In North Carolina, what happens to a joint bank account after a parent’s death usually depends on whether the account…

Do I need to open a probate case to handle a checking account, retirement assets, and property transfers? nc

Do I need to open a probate case to handle a checking account, retirement assets, and property transfers? – North Carolina Short Answer In North Carolina, probate is often needed to access and transfer assets that are titled only in the deceased spouse’s name—especially a checking account and real estate—because banks and the Register of…

What happens if the only significant asset is the deceased person’s home—can my claim be paid from the property? nc

What happens if the only significant asset is the deceased person’s home—can my claim be paid from the property? – North Carolina Short Answer In North Carolina, a valid creditor claim can be paid even when the main estate asset is the deceased person’s home, but it usually happens by selling (or sometimes mortgaging) the…

What does the probate process usually look like from start to finish if there isn’t a court hearing? nc

What does the probate process usually look like from start to finish if there isn’t a court hearing? – North Carolina Short Answer In North Carolina, many estates move through probate without a courtroom hearing because the Clerk of Superior Court supervises the process through filings, deadlines, and approvals. The usual path is: qualify a…

How far back can I request account statements for a deceased person when administering an estate? nc

How far back can I request account statements for a deceased person when administering an estate? – North Carolina Short Answer In North Carolina estate administration, there is usually no single statewide “lookback limit” that caps how far back a personal representative can request a deceased person’s bank statements. In practice, the request is driven…

Can I keep living in the deceased relative’s house while the estate is being handled, and could I get in trouble for staying there? nc

Can I keep living in the deceased relative’s house while the estate is being handled, and could I get in trouble for staying there? – North Carolina Short Answer Sometimes, but it depends on who has the legal right to possess the home during the estate process. In North Carolina, title to a decedent’s real…