Can my father’s fiancé keep assets with beneficiary designations when there’s no will?: North Carolina

Can my father’s fiancé keep assets with beneficiary designations when there’s no will? – North Carolina Short Answer Yes—under North Carolina law, assets with valid beneficiary designations or survivorship rights (like life insurance payable to a named person, transfer-on-death securities, payable-on-death accounts, and joint accounts with right of survivorship) usually pass directly to the named…

What steps can I take to identify and address a large unexplained withdrawal in the estate account?: North Carolina Probate

What steps can I take to identify and address a large unexplained withdrawal in the estate account? – North Carolina Short Answer In North Carolina, a personal representative must account for every estate receipt and disbursement with bank statements and vouchers (like check images and paid receipts). If a withdrawal is unexplained, reconcile the account,…