After the creditor notice period, can I immediately retitle and sell the boat, or is there any way to move faster? NC

After the creditor notice period, can I immediately retitle and sell the boat, or is there any way to move faster? – North Carolina Short Answer In North Carolina, once the estate’s creditor-notice (claims) period has run, a personal representative can usually move forward with distributing or selling estate property—including a titled boat—so long as…

How do I correctly file an amended smallestate affidavit when the clerk wants the entire form redone and proof of survivorship or named beneficiaries for accounts? NC

How do I correctly file an amended smallestate affidavit when the clerk wants the entire form redone and proof of survivorship or named beneficiaries for accounts? – North Carolina Short Answer In North Carolina, a corrected or “amended” small-estate affidavit is usually handled by preparing a clean, fully redone affidavit that meets the statutory content…

What happens to properties that received a tax sale notice—can the estate stop an auction or arrange a payment plan to catch up on taxes? NC

What happens to properties that received a tax sale notice—can the estate stop an auction or arrange a payment plan to catch up on taxes? – North Carolina Short Answer In North Carolina, an estate can often stop a tax foreclosure auction by paying the delinquent property taxes (including interest, penalties, and allowed costs) before…

If the newest will is invalidated on technical grounds, can the older will still be probated when there are texts and a signed release showing it was meant to be revoked? NC

If the newest will is invalidated on technical grounds, can the older will still be probated when there are texts and a signed release showing it was meant to be revoked? – North Carolina Short Answer Sometimes, but not automatically. In North Carolina, an older will can be probated only if it was not effectively…

How do I request a complete inventory if my siblings aren’t sharing estate details? NC

How do I request a complete inventory if my siblings aren’t sharing estate details? – North Carolina Short Answer In North Carolina, the personal representative (the court-appointed administrator) must file an estate inventory with the Clerk of Superior Court, generally within three months after qualifying. If an heir believes the administrator is not filing required…

Can I receive closing funds in my firm’s trust account and still split net proceeds according to our settlement agreement? NC

Can I receive closing funds in my firm’s trust account and still split net proceeds according to our settlement agreement? – North Carolina Short Answer Yes—under North Carolina law, closing funds can be received into a law firm trust/escrow account and then disbursed according to a written settlement/closing statement, including an equal split of net…