What happens to cars and auto insurance when the vehicles are in the deceased person’s name but a relative is driving them, including a financed or leased car titled with someone else? nc

What happens to cars and auto insurance when the vehicles are in the deceased person’s name but a relative is driving them, including a financed or leased car titled with someone else? – North Carolina Short Answer In North Carolina, a car titled in the deceased person’s name is usually an estate asset, and the…

How do I confirm the exact payoff amount owed to an inheritance-advance company during probate? nc

How do I confirm the exact payoff amount owed to an inheritance-advance company during probate? – North Carolina Short Answer In North Carolina probate, the cleanest way to confirm the exact payoff is to require a written, itemized payoff statement backed by the underlying contract and any assignment or lien documents. The personal representative (through…

How do I confirm the estate is officially opened and that the right person has authority to receive funds? nc

How do I confirm the estate is officially opened and that the right person has authority to receive funds? – North Carolina Short Answer In North Carolina, an estate is “officially opened” when the Clerk of Superior Court has appointed a personal representative and issued court “letters” (Letters Testamentary for an executor named in a…