What happens if additional assets are discovered after I sign the receipt and the final accounting is submitted? NC

What happens if additional assets are discovered after I sign the receipt and the final accounting is submitted? – North Carolina Short Answer In North Carolina, finding additional estate assets after a receipt is signed and a final account is filed usually means the estate must be handled again for the newly discovered property. The…

How do creditor claims (like a second mortgage or loan) affect what heirs receive from the estate, and what if the lender files late or doesn’t file? NC

How do creditor claims (like a second mortgage or loan) affect what heirs receive from the estate, and what if the lender files late or doesn’t file? – North Carolina Short Answer In North Carolina, heirs generally receive what is left after the personal representative gathers estate assets and pays valid debts and expenses in…