Am I still responsible for cleaning or minor repairs after turning over the keys if the contract didn’t specifically require it? nc

Am I still responsible for cleaning or minor repairs after turning over the keys if the contract didn’t specifically require it? – North Carolina Short Answer Usually not. In North Carolina, once the estate (through the personal representative) has delivered possession at closing and the contract does not require post-closing cleaning or minor repairs, the…

Who should receive copies of the inventory and letters from the court to avoid delays with the title company? nc

Who should receive copies of the inventory and letters from the court to avoid delays with the title company? – North Carolina Short Answer In North Carolina, the Inventory is filed with the Clerk of Superior Court (Estates) and is not typically something the personal representative must “serve” on a title company. Title companies usually…

What is the correct process for closing the decedent’s personal accounts and transferring the funds into the estate account? nc

What is the correct process for closing the decedent’s personal accounts and transferring the funds into the estate account? – North Carolina Short Answer In North Carolina, once the executor is officially appointed, the usual process is to (1) open an estate bank account using the estate’s tax ID number (not the decedent’s Social Security…

Can I, as the executor, pursue and receive a wrongful death settlement now, or do I need additional court approvals first? nc

Can I, as the executor, pursue and receive a wrongful death settlement now, or do I need additional court approvals first? – North Carolina Short Answer In North Carolina, once the Clerk of Superior Court has issued letters testamentary and the executor is qualified, the executor generally has authority to pursue a wrongful death claim…

Do we need ancillary probate abroad, and which certified documents will the foreign court require to recognize the will and our executor?

Do we need ancillary probate abroad, and which certified documents will the foreign court require to recognize the will and our executor? – North Carolina Short Answer Often, yes: when a North Carolina decedent owned real estate located in another country, the foreign jurisdiction commonly requires its own local probate or “ancillary” procedure before title…