How can we get information from an investment firm about the deceased person’s accounts during an estate process? nc

How can we get information from an investment firm about the deceased person’s accounts during an estate process? – North Carolina Short Answer In North Carolina, an investment firm will usually release account details only to the court-appointed personal representative (executor/administrator) after the firm receives proof of death and proof of authority, such as certified…

If my parent told me the farm equipment was gifted to me before death but it isn’t titled, how can I prove ownership and keep it out of the estate? nc

If my parent told me the farm equipment was gifted to me before death but it isn’t titled, how can I prove ownership and keep it out of the estate? – North Carolina Short Answer In North Carolina, untitled farm equipment can be owned outside the estate if it was truly gifted during the parent’s…

Am I entitled to receive information or documents about the probate case as an heir? nc

Am I entitled to receive information or documents about the probate case as an heir? – North Carolina Short Answer Often, yes—at least indirectly. In North Carolina, many core probate filings (like the personal representative’s inventory and accountings) are filed with the Clerk of Superior Court and are generally available through the estate file. Also,…

If we sell the vehicles or other property to pay a major creditor, does that reduce the chances they go after the house? nc

If we sell the vehicles or other property to pay a major creditor, does that reduce the chances they go after the house? – North Carolina Short Answer Sometimes, but not always. In North Carolina probate, creditors generally get paid from estate assets in a priority order, and a personal representative should not “pick” one…

How can I protect myself as the personal representative when selling estate property so other heirs or creditors can’t accuse me of selling it too cheap? nc

How can I protect myself as the personal representative when selling estate property so other heirs or creditors can’t accuse me of selling it too cheap? – North Carolina Short Answer In North Carolina, a personal representative can reduce “sold too cheap” accusations by using a documented, arms-length sale process and (when required) the court-supervised…