What steps should I take to pursue a delayed property damage claim against a state-funded school?: North Carolina

What steps should I take to pursue a delayed property damage claim against a state-funded school? – North Carolina Short Answer In North Carolina, property damage claims against a state-funded university must be filed with the North Carolina Industrial Commission under the Tort Claims Act—not in regular court. You must show the State’s negligence caused…

What steps should I take to avoid breaching my fiduciary duty when distributing estate assets?

What steps should I take to avoid breaching my fiduciary duty when distributing estate assets? – North Carolina Short Answer In North Carolina, a personal representative avoids breach by: (1) keeping estate funds separate, (2) giving proper creditor notice and waiting (or holding a reserve) before distributing, (3) filing required inventories and accounts on time,…

How can I ensure the proceeds from the sale of a decedent’s property are properly held until the creditor notice period ends?: North Carolina

How can I ensure the proceeds from the sale of a decedent’s property are properly held until the creditor notice period ends? – North Carolina Short Answer In North Carolina, keep sale proceeds segregated and undistributed until the creditor claim period closes. Publish a general notice to creditors and mail personal notices to known creditors,…

What are our obligations for paying the mortgage and utilities on the inherited property during probate?

What are our obligations for paying the mortgage and utilities on the inherited property during probate? – North Carolina Short Answer In North Carolina, heirs receive title to a decedent’s real estate at death and are generally responsible for ongoing property expenses like the mortgage, taxes, insurance, and utilities. The estate does not have to…

Can we use the small estate procedure for a mortgaged house with minimal assets and how long would it take?: North Carolina Probate

Can we use the small estate procedure for a mortgaged house with minimal assets and how long would it take? – North Carolina Short Answer In North Carolina, you can use the small estate “collection by affidavit” to collect the decedent’s personal property if the net value of personal property is $20,000 or less and…

How do we appoint an estate administrator when there’s no will, and what bond requirements apply to out-of-state heirs?

How do we appoint an estate administrator when there’s no will, and what bond requirements apply to out-of-state heirs? – North Carolina Short Answer In North Carolina, the Clerk of Superior Court appoints an “administrator” for an intestate estate based on a statutory priority, with adult heirs (like children) near the top. If an out-of-state…