Do life insurance, retirement accounts, or annuities that name me as beneficiary have to be included in the probate inventory or accounting? NC

Do life insurance, retirement accounts, or annuities that name me as beneficiary have to be included in the probate inventory or accounting? – North Carolina Short Answer Usually, no. In North Carolina, life insurance, retirement accounts, and annuities that name an individual beneficiary typically pass outside the probate estate and are not listed on the…

Do I have to list a vehicle and real estate on the inventory if they weren’t included on the initial probate application? – NC

Do I have to list a vehicle and real estate on the inventory if they weren’t included on the initial probate application? – North Carolina Short Answer In North Carolina, the Inventory for Decedent’s Estate must list estate property that has come into the personal representative’s hands (or to someone holding it for the personal…

If a house is deeded in both spouses’ names, does it automatically become the surviving spouse’s property or does it still go through probate? NC

If a house is deeded in both spouses’ names, does it automatically become the surviving spouse’s property or does it still go through probate? – North Carolina Short Answer In North Carolina, a house titled in both spouses’ names often passes to the surviving spouse automatically if the deed created a survivorship form of ownership—most…

What happens if the inheritance money is already spent—are there ways to recover it anyway? – NC

What happens if the inheritance money is already spent—are there ways to recover it anyway? – North Carolina Short Answer Possibly. In North Carolina, even if inherited money is gone, recovery can still be possible depending on where the money came from (estate, trust, or custodial account), who controlled it (guardian, personal representative, custodian), and…

What can I do if someone who previously handled the trust’s finances won’t respond or won’t transfer the money they’re supposed to turn over? NC

What can I do if someone who previously handled the trust’s finances won’t respond or won’t transfer the money they’re supposed to turn over? – North Carolina Short Answer In North Carolina, a trustee can often force cooperation by making a written demand for trust records and property, then filing a trust proceeding with the…

Can I remove a neighbor or caretaker who is asserting improper control over estate property? NC

Can I remove a neighbor or caretaker who is asserting improper control over estate property? – North Carolina Short Answer Yes—under North Carolina law, the person appointed as the estate’s personal representative (administrator) can ask the Clerk of Superior Court for orders that secure estate property and, in the right procedure, remove an occupant who…