What documents will the DMV or a dealership require to process the title transfer after a year’s allowance is approved? nc

What documents will the DMV or a dealership require to process the title transfer after a year’s allowance is approved? – North Carolina Short Answer In North Carolina, when a vehicle is awarded through a spouse’s year’s allowance, the DMV (or a dealership handling the paperwork) typically needs a certified copy of the clerk’s year’s…

How can I close a long‑running probate when old creditor claims lack documentation or the companies no longer exist? nc

How can I close a long‑running probate when old creditor claims lack documentation or the companies no longer exist? – North Carolina Short Answer In North Carolina, a long-running probate can often be closed by (1) confirming whether each creditor claim was timely and properly presented, (2) requiring the claimant to provide basic proof and…

Do small bank account balances qualify for a simplified probate process in my area? nc

Do small bank account balances qualify for a simplified probate process in my area? – North Carolina Short Answer Often, yes. In North Carolina, small bank accounts may be collected using a simplified probate option called collection of personal property by affidavit (sometimes called a “small estate affidavit”) if the estate’s total qualifying personal property…

How can I sell a deceased parent’s cars for fair market value and use the proceeds to pay estate debts without breaching my fiduciary duties? nc

How can I sell a deceased parent’s cars for fair market value and use the proceeds to pay estate debts without breaching my fiduciary duties? – North Carolina Short Answer In North Carolina, the personal representative (executor/administrator) generally has authority to sell a decedent’s personal property, including vehicles, to raise cash to pay valid estate…

How do I challenge the property value used in an estate settlement—do we need an appraisal or broker price opinion? nc

How do I challenge the property value used in an estate settlement—do we need an appraisal or broker price opinion? – North Carolina Short Answer In North Carolina, a settlement tied to a deceased person’s real estate interest is usually negotiated around fair market value (what a willing buyer would pay a willing seller), not…