How do I handle a life insurance policy that names my parent’s estate as the beneficiary? – NC Short Answer In North Carolina, if a life insurance policy names the deceased parent’s estate as the beneficiary, the proceeds usually become a probate estate asset. That means the personal representative must collect the money, place it…
Can I remove a trustee or estate representative who is not following the rules and will not cooperate with the other beneficiaries? – NC Short Answer Yes. In North Carolina, a beneficiary or other interested person can ask the court to intervene when a trustee or estate representative is mismanaging assets, refusing to share records,…
What should I do if a debt servicer can’t locate an estate account using the reference number on the paperwork? – NC Short Answer In North Carolina, the estate should not assume a creditor claim has been paid, rejected, or cleared just because a debt servicer cannot find an account from the reference number alone.…
Can co-executors refuse to keep co-owning a vehicle and require that it be sold or counted against one person’s share of the estate? – North Carolina Short Answer Yes. Under North Carolina probate law, co-executors generally do not have to leave estate beneficiaries or fiduciaries stuck co-owning a vehicle if that arrangement would complicate administration…
How does a wrongful death or personal injury settlement get paid out if the deceased had a spouse, a newborn child, and another child living abroad? – NC Short Answer In North Carolina, a wrongful death recovery is usually paid by the personal representative and then distributed under the intestacy rules, not under a will…
What happens to debts my spouse took out if I didn’t know about them or didn’t sign for them? – NC Short Answer In North Carolina, a surviving spouse usually does not become personally liable for a deceased spouse’s debt just because of the marriage. If the surviving spouse did not sign for the debt,…
Do I need to open a full probate estate if most assets are bank accounts, but there is also a business account and possible overseas assets? – NC Short Answer Not always. In North Carolina, the answer depends less on the fact that the assets are bank accounts and more on whether those accounts are…
How can I protect estate assets from creditors while the estate is being opened and administered? – NC Short Answer In North Carolina, estate assets are usually protected best by opening the estate promptly, appointing a personal representative, securing and inventorying property, and following the formal creditor-claim process before paying debts. A surviving spouse may…
If the deceased person’s child is the next of kin, do they have to sign the vehicle over to the surviving partner? – NC Short Answer No. In North Carolina, an unmarried surviving partner does not automatically inherit a vehicle titled only in the deceased person’s name. If the deceased died without a will and…
What documents should be included when transferring a probate file to a new attorney, like the inventory and supporting records? – NC Short Answer In North Carolina, when a probate matter moves to new counsel, the prior attorney should turn over the parts of the estate file the client is entitled to receive so the…
