Probate Q&A Series

Page 149 of 521

Probate Q&A Series

Can a temporary trustee be used to receive estate funds, make the direct distributions, and then transfer the remaining shares into sub-trusts? NC

Can a temporary trustee be used to receive estate funds, make the direct distributions, and then transfer the remaining shares into sub-trusts? – NC Short Answer Sometimes, but the answer depends first on what the will actually requires and whether the named trustee has accepted the role. Under North Carolina law, outright shares generally should…

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