Can the administrator force a family member who lives in the decedent’s house to move out during the estate process? nc

Can the administrator force a family member who lives in the decedent’s house to move out during the estate process? – North Carolina Short Answer Sometimes, but not automatically. In North Carolina, an estate administrator usually cannot simply “kick out” a family member from the decedent’s home without a legal basis and the right court…

Do I need to provide the sealed letters to banks or other institutions to access estate accounts or information? nc

Do I need to provide the sealed letters to banks or other institutions to access estate accounts or information? – North Carolina Short Answer Usually, yes. In North Carolina, banks and other institutions commonly require a certified (sealed) copy of the Letters of Administration (or Letters Testamentary) before they will share account information, freeze or…

If some accounts have named beneficiaries, can they still be pulled back into the estate to pay debts or expenses? nc

If some accounts have named beneficiaries, can they still be pulled back into the estate to pay debts or expenses? – North Carolina Short Answer Usually, accounts with valid beneficiary designations (like POD bank accounts or TOD securities) pass outside probate in North Carolina, so they are not part of the probate estate for routine…

How do I claim my deceased parent’s share of property-sale proceeds that were deposited with a court as unclaimed funds? nc

How do I claim my deceased parent’s share of property-sale proceeds that were deposited with a court as unclaimed funds? – North Carolina Short Answer In North Carolina, the usual way to recover money that has been paid into the Clerk of Superior Court as “unclaimed” is for the estate’s personal representative to file a…

Do I need a professional appraisal for probate inventory, or can I use comparable listings from resale sites? nc

Do I need a professional appraisal for probate inventory, or can I use comparable listings from resale sites? – North Carolina Short Answer In North Carolina probate, the inventory should report a supportable fair market value as of the date of death. A professional appraisal is allowed and sometimes wise, but it is not automatically…