Probate Q&A Series

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Probate Q&A Series

Can I hold a personal representative personally responsible for mishandling or failing to list estate property? nc

Can I hold a personal representative personally responsible for mishandling or failing to list estate property? – North Carolina Short Answer Yes. In North Carolina, a personal representative is a fiduciary and can be held personally responsible if a breach of duty causes loss to the estate—such as failing to safeguard property, failing to act…

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Probate Q&A Series

Can a co-beneficiary who is also the executor sell an inherited house without the other beneficiary’s permission? nc

Can a co-beneficiary who is also the executor sell an inherited house without the other beneficiary’s permission? – North Carolina Short Answer Usually, no. In North Carolina, when a will leaves a house to two beneficiaries, both beneficiaries typically have an ownership interest, and one co-beneficiary cannot sell the whole property without the other co-owner…

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Probate Q&A Series

Do I need the sealed estate letters before I can access or manage the deceased person’s accounts and property? nc

Do I need the sealed estate letters before I can access or manage the deceased person’s accounts and property? – North Carolina Short Answer In North Carolina, most banks, brokerages, and other institutions will not let anyone access, move, or close a deceased person’s accounts until the court appoints a personal representative and issues Letters…

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Probate Q&A Series

How do we confirm who has authority to communicate and make decisions for the estate during the property sale process? nc

How do we confirm who has authority to communicate and make decisions for the estate during the property sale process? – North Carolina Short Answer In North Carolina, the person with authority to speak for and make decisions for an estate during a real estate sale is usually the court-appointed personal representative (executor or administrator).…

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Probate Q&A Series

What happens if an account is treated as partly estate property—does a portion have to be listed in the probate inventory and moved into an estate account? nc

What happens if an account is treated as partly estate property—does a portion have to be listed in the probate inventory and moved into an estate account? – North Carolina Short Answer In North Carolina, if a bank account is only partly treated as estate property, the estate-owned portion generally must be reported on the…

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Probate Q&A Series

Are vehicle title transfer fees and notary costs considered estate expenses, or are they my responsibility if the vehicles were assigned to me before I sold them? nc

Are vehicle title transfer fees and notary costs considered estate expenses, or are they my responsibility if the vehicles were assigned to me before I sold them? – North Carolina Short Answer In North Carolina, vehicle title transfer and notary costs are usually treated as estate administration expenses when they are incurred to transfer or…

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Probate Q&A Series

What happens if someone starts taking property out of the house before the estate is opened or before an executor is officially appointed? nc

What happens if someone starts taking property out of the house before the estate is opened or before an executor is officially appointed? – North Carolina Short Answer In North Carolina, property in a decedent’s home generally becomes part of the estate at death, but no family member has legal authority to “distribute” it until…

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