What are the steps I need to follow to properly administer a trust after a parent dies if most assets are already in the trust or transfer-on-death? NC

What are the steps I need to follow to properly administer a trust after a parent dies if most assets are already in the trust or transfer-on-death? – NC Short Answer In North Carolina, administration usually does not stop just because most assets were already titled in a revocable trust or pass by transfer-on-death designation.…

Do I need to notify government benefit programs or other entities after a death even if there is no formal probate case? – NC

Do I need to notify government benefit programs or other entities after a death even if there is no formal probate case? – NC Short Answer Yes. In North Carolina, a death can trigger notice duties and practical closeout steps even when no formal probate estate is opened. Social Security, pension administrators, banks, insurers, Medicaid…

What duties does an estate administrator owe to the heirs, and how can I make sure the administrator follows the rules? NC

What duties does an estate administrator owe to the heirs, and how can I make sure the administrator follows the rules? – NC Short Answer In North Carolina, an estate administrator must gather and protect estate assets, give required notices, file an inventory and later accountings with the Clerk of Superior Court, pay valid debts…