Can the executor sell the deceased person’s house without my signature even if the will says I get part of the property or proceeds? nc

Can the executor sell the deceased person’s house without my signature even if the will says I get part of the property or proceeds? – North Carolina Short Answer Sometimes, yes. In North Carolina, a personal representative (executor) may be able to sell estate real estate without a beneficiary’s signature if the executor has legal…

What documents do we need to prove that an inherited ownership interest in a closely held corporation passed to the estate or surviving spouse? nc

What documents do we need to prove that an inherited ownership interest in a closely held corporation passed to the estate or surviving spouse? – North Carolina Short Answer In North Carolina, proving that a closely held corporate ownership interest passed at death usually requires (1) probate authority documents (death certificate and the estate’s Letters),…

What documents does a plan administrator usually require from an estate to release tax forms or account records? nc

What documents does a plan administrator usually require from an estate to release tax forms or account records? – North Carolina Short Answer In North Carolina, a retirement plan administrator will usually release a deceased participant’s tax forms (such as 1099s) or account records only after receiving proof of death and proof of legal authority…

How do I handle a deceased person’s out-of-state real property when the estate is insolvent and creditors are demanding payment? NC

How do I handle a deceased person’s out-of-state real property when the estate is insolvent and creditors are demanding payment? – North Carolina Short Answer Under North Carolina probate practice, a personal representative generally cannot use a North Carolina estate file to directly transfer or sell real property located in another state. When the estate…

Will I get in trouble for withdrawing money from the deceased person’s account around the time they died if I had a power of attorney? nc

Will I get in trouble for withdrawing money from the deceased person’s account around the time they died if I had a power of attorney? – North Carolina Short Answer In North Carolina, a power of attorney generally stops at the moment of the principal’s death, so withdrawals made after death can create serious problems…

How does an out-of-town family member affect who inherits or who can make decisions about a deceased person’s estate? nc

How does an out-of-town family member affect who inherits or who can make decisions about a deceased person’s estate? – North Carolina Short Answer In North Carolina, an out-of-town family member usually does not change who inherits. Inheritance depends on a valid will, or (if there is no will) North Carolina’s intestate succession rules—not where…