Can I be appointed to handle the estate quickly so the bank will work with me on catching up the mortgage or refinancing? nc

Can I be appointed to handle the estate quickly so the bank will work with me on catching up the mortgage or refinancing? – North Carolina Short Answer Yes—under North Carolina law, a family member can usually be appointed fairly quickly as the estate’s personal representative (often called an “administrator” when there is no will)…

How do I obtain letters testamentary when the court file was started with the wrong form and items are already on record? nc

How do I obtain letters testamentary when the court file was started with the wrong form and items are already on record? – North Carolina Short Answer In North Carolina, letters testamentary are issued by the Clerk of Superior Court after the correct testate-estate application is filed and approved, the executor qualifies (including signing an…

Can I use funds connected to an estate to take a federal contract and relocate a company, or do I need a specific court order? nc

Can I use funds connected to an estate to take a federal contract and relocate a company, or do I need a specific court order? – North Carolina Short Answer In North Carolina, estate money generally can only be used by the court-appointed personal representative (executor/administrator) acting under the authority of issued “Letters.” Even then,…

Who is allowed to speak with the bank about a deceased person’s accounts if no personal representative has been appointed yet? nc

Who is allowed to speak with the bank about a deceased person’s accounts if no personal representative has been appointed yet? – North Carolina Short Answer In North Carolina, a bank will usually only discuss or release information about a deceased person’s accounts to someone with legal authority—most often a court-appointed personal representative (executor/administrator) with…

When is the right time to open probate to obtain clear title without giving the buyer more leverage or risking a forced sale? nc

When is the right time to open probate to obtain clear title without giving the buyer more leverage or risking a forced sale? – North Carolina Short Answer In North Carolina, probate (estate administration) is usually opened as soon as a sale needs “marketable” (clear) title, because a buyer can often push harder once it…

If the surviving spouse co-owned the home with the decedent, how is that ownership treated in probate despite the prenuptial? nc

If the surviving spouse co-owned the home with the decedent, how is that ownership treated in probate despite the prenuptial? – North Carolina Short Answer In North Carolina, a home that the spouses co-owned with a survivorship form of title (most commonly tenancy by the entirety) usually passes to the surviving spouse automatically at death…

If a will left my deceased family member a share of home-sale proceeds, who receives that share now and how is it claimed through their estate? nc

If a will left my deceased family member a share of home-sale proceeds, who receives that share now and how is it claimed through their estate? – North Carolina Short Answer In North Carolina, if a person was entitled to receive money or specific items under someone else’s will and then died before actually receiving…