What happens if a brokerage or bank account has a named beneficiary—does that keep the money out of the estate and force a sale of the home to pay claims? nc

What happens if a brokerage or bank account has a named beneficiary—does that keep the money out of the estate and force a sale of the home to pay claims? – North Carolina Short Answer In North Carolina, a bank or brokerage account with a valid POD/TOD beneficiary usually passes outside the probate estate, so…

What happens if the executor doesn’t properly notify heirs or doesn’t file the required inventory and other probate paperwork on time? nc

What happens if the executor doesn’t properly notify heirs or doesn’t file the required inventory and other probate paperwork on time? – North Carolina Short Answer In North Carolina, an executor (personal representative) who fails to give required notices or misses required probate filings can be ordered by the Clerk of Superior Court to fix…

What can I do to stop someone from selling or giving away family heirlooms and other personal property before the estate is settled? nc

What can I do to stop someone from selling or giving away family heirlooms and other personal property before the estate is settled? – North Carolina Short Answer In North Carolina, the most effective way to stop someone from selling or giving away a decedent’s personal property is to get a personal representative (executor/administrator) appointed…

What is the process for handling firearms held by law enforcement after the owner dies, and can they be transferred to an heir or held for a child? nc

What is the process for handling firearms held by law enforcement after the owner dies, and can they be transferred to an heir or held for a child? – North Carolina Short Answer In North Carolina, firearms held by law enforcement after an owner’s death are usually released only to a legally authorized person (often…

What happens if the executor misses the deadline to file the estate inventory and the court issues an order to file? nc

What happens if the executor misses the deadline to file the estate inventory and the court issues an order to file? – North Carolina Short Answer In North Carolina, if a personal representative (executor) misses the inventory deadline, the Clerk of Superior Court can issue an “order to file” requiring the inventory to be filed…

Do heirs have to consent to selling estate property to pay creditors, or can the estate administrator sell it without everyone signing? nc

Do heirs have to consent to selling estate property to pay creditors, or can the estate administrator sell it without everyone signing? – North Carolina Short Answer In North Carolina, heirs do not always have to sign or consent for estate real property to be sold to pay valid estate debts. If the estate needs…