If I was raised by a non-biological parent, do I still have inheritance rights from my biological parent who passed away? NC

If I was raised by a non-biological parent, do I still have inheritance rights from my biological parent who passed away? – North Carolina Short Answer Possibly. In North Carolina, being raised by a non-biological parent does not automatically erase inheritance rights from a biological parent. The key issue is whether the person qualifies as…

Who is authorized to speak for an estate when an insurance claim involves the deceased person? NC

Who is authorized to speak for an estate when an insurance claim involves the deceased person? – North Carolina Short Answer In North Carolina, the person authorized to speak for a deceased person’s probate estate on an insurance claim is usually the court-appointed personal representative (also called the executor or administrator). The Clerk of Superior…

If all beneficiaries agree to a valuation approach that’s different from what the trust language seems to require, can the trustee rely on that agreement without risking personal liability? NC

If all beneficiaries agree to a valuation approach that’s different from what the trust language seems to require, can the trustee rely on that agreement without risking personal liability? – North Carolina Short Answer Sometimes, but not always. In North Carolina, a trustee generally should follow the trust’s valuation instructions, and a private agreement among…

Can I reimburse myself from the estate for expenses I paid out of pocket, such as funeral costs and personal loan payments? NC

Can I reimburse myself from the estate for expenses I paid out of pocket, such as funeral costs and personal loan payments? – North Carolina Short Answer Often, yes—North Carolina law generally allows a personal representative to repay themselves from estate funds for reasonable, necessary expenses that were properly advanced for the estate, as long…

If I suspect the will was hidden or destroyed, what evidence would I need and is that worth pursuing compared to proceeding without a will? NC

If I suspect the will was hidden or destroyed, what evidence would I need and is that worth pursuing compared to proceeding without a will? – North Carolina Short Answer In North Carolina, a missing original will often triggers a presumption that the person revoked it, so proving a “lost or destroyed will” usually requires…