If the bank refuses to honor the designation, is a small-estate affidavit or affidavit of collection an option, and what steps are required? nc

If the bank refuses to honor the designation, is a small-estate affidavit or affidavit of collection an option, and what steps are required? – North Carolina Short Answer Sometimes. In North Carolina, a “collection of personal property by affidavit” (often called a small-estate affidavit) can let an eligible person collect certain estate assets without opening…

What happens if I miss the deadline to return a notarized authorization letter the bank needs? nc

What happens if I miss the deadline to return a notarized authorization letter the bank needs? – North Carolina Short Answer In North Carolina estate administration, missing a bank’s deadline to return a notarized authorization letter usually does not automatically “lose” a probate right, but it can delay the bank’s processing and may cause the…

Can I be reimbursed from the estate for cremation and other necessary expenses I paid, and how are medical and utility bills prioritized, including any Medicaid recovery? nc

Can I be reimbursed from the estate for cremation and other necessary expenses I paid, and how are medical and utility bills prioritized, including any Medicaid recovery? – North Carolina Short Answer Often, yes—reasonable cremation/funeral expenses and certain other necessary out-of-pocket costs can be reimbursed from a North Carolina estate, but only after a personal…