What happens if I can’t find the title or registration paperwork for property the estate might claim? nc

What happens if I can’t find the title or registration paperwork for property the estate might claim? – North Carolina Short Answer In North Carolina, missing title or registration paperwork does not automatically decide whether property belongs to an estate. The personal representative still must make a reasonable effort to identify, gather, and inventory estate…

What is the estate worth and how do you calculate what I will receive from the remaining proceeds? nc

What is the estate worth and how do you calculate what I will receive from the remaining proceeds? – North Carolina Short Answer In North Carolina probate, the “estate value” and the amount a beneficiary receives are calculated from a court-filed inventory and accounting, not just from the house sale price. The distributable amount generally…

What are my responsibilities as executor during the early steps of settling an estate? NC

What are my responsibilities as executor during the early steps of settling an estate? – North Carolina Short Answer In North Carolina, an executor (also called a “personal representative”) must quickly secure and identify estate assets, set up an estate recordkeeping system (often including an estate bank account), and start the court-required reporting process with…

What should I do if estate-related mail is not being forwarded and I’m worried about missing time-sensitive notices? nc

What should I do if estate-related mail is not being forwarded and I’m worried about missing time-sensitive notices? – North Carolina Short Answer In North Carolina, the safest approach is to stop relying on mail forwarding and instead (1) update the estate’s mailing address everywhere it matters and (2) set up a backup way to…