Can we list the property now with a contract that closes after a specific date tied to the waiting period, and how would that affect buyers and escrow? NC

Can we list the property now with a contract that closes after a specific date tied to the waiting period, and how would that affect buyers and escrow? – North Carolina Short Answer In North Carolina, a home can often be listed and put under contract before a probate-related “waiting period” ends, as long as…

Do we need a formal written appraisal for the vehicles, or are market comparisons and estimates sufficient? NC

Do we need a formal written appraisal for the vehicles, or are market comparisons and estimates sufficient? – North Carolina Short Answer In North Carolina probate, a formal written appraisal is not automatically required for estate vehicles. The personal representative generally must report a good-faith fair market value as of the date of death on…

How do I get appointed as the administrator if the original administrator stopped acting and I’m now handling everything? NC

How do I get appointed as the administrator if the original administrator stopped acting and I’m now handling everything? – North Carolina Short Answer In North Carolina, only the Clerk of Superior Court (the probate court) can change who is serving as administrator. If the currently appointed administrator has stopped acting, the usual path is…

How do I handle a real estate agent who seems biased toward another heir and is sharing my personal information? NC

How do I handle a real estate agent who seems biased toward another heir and is sharing my personal information? – North Carolina Short Answer In North Carolina, a real estate agent involved in selling estate property should take direction from the person with legal authority to act for the estate (often the personal representative)…

What documents will a creditor’s estate department usually require to discuss the account? NC

What documents will a creditor’s estate department usually require to discuss the account? – North Carolina Short Answer In North Carolina, a creditor’s estate department usually will not discuss a deceased person’s credit card account with a family member unless that person can prove legal authority to act for the estate. The most commonly requested…