If the estate is insolvent, what happens to medical bills and other creditor claims—do they get denied and how is that handled? nc

If the estate is insolvent, what happens to medical bills and other creditor claims—do they get denied and how is that handled? – North Carolina Short Answer In North Carolina, an insolvent estate usually does not “deny” medical bills and other creditor claims just because there is not enough money. Instead, the personal representative pays…

What estate bank account statements do I need to provide for the estate accounting, and how far back should they go? nc

What estate bank account statements do I need to provide for the estate accounting, and how far back should they go? – North Carolina Short Answer In a North Carolina probate estate, the personal representative should be ready to provide complete statements for every estate bank account used to receive estate money and pay estate…