How do I get officially appointed as executor so I can start handling the estate and pay ongoing bills? nc

How do I get officially appointed as executor so I can start handling the estate and pay ongoing bills? – North Carolina Short Answer In North Carolina, an executor gets official authority by qualifying with the Clerk of Superior Court in the proper county and receiving “Letters Testamentary.” Those letters are the court-issued document banks,…

If the inherited out-of-state property is not part of the estate, who is responsible for the property taxes going forward? nc

If the inherited out-of-state property is not part of the estate, who is responsible for the property taxes going forward? – North Carolina Short Answer Under North Carolina probate practice, if real property passes outside the probate estate (for example, it transfers directly to an heir or beneficiary by operation of law), the ongoing property…

Can a parent serve as trustee or representative for a minor child’s share of an estate, and what paperwork does the court usually require? nc

Can a parent serve as trustee or representative for a minor child’s share of an estate, and what paperwork does the court usually require? – North Carolina Short Answer Yes. In North Carolina, a parent can often be appointed by the Clerk of Superior Court to manage a minor child’s inheritance, but the parent usually…

Can I use or redirect the rental income from a deceased parent’s vehicle while the estate is still being administered? nc

Can I use or redirect the rental income from a deceased parent’s vehicle while the estate is still being administered? – North Carolina Short Answer Usually not for personal use. In North Carolina, rental income generated by a decedent’s property during administration is generally estate money that the administrator must collect, safeguard, and apply to…

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),…