Is it acceptable for co-owners to sign disbursement authorization separately if they cannot meet together? NC

Is it acceptable for co-owners to sign disbursement authorization separately if they cannot meet together? – North Carolina Short Answer Often, yes. In North Carolina probate-related real estate closings, a disbursement authorization can usually be signed in separate counterparts (each person signs their own copy) as long as the closing attorney and the parties agree…

Do we need landlord or homeowners insurance on a property that has been rented out for a long time, and what liability risks exist if someone gets hurt there?

Do we need landlord or homeowners insurance on a property that has been rented out for a long time, and what liability risks exist if someone gets hurt there? – North Carolina Short Answer In North Carolina, a long-term rental property is usually better insured with a landlord (dwelling) policy rather than a standard homeowners…

How does an auto insurance claim get handled when the policyholder has passed away?

How does an auto insurance claim get handled when the policyholder has passed away? – North Carolina Short Answer In North Carolina, an auto insurance claim involving a deceased policyholder is usually handled through the person with legal authority to act for the decedent—most often the estate’s personal representative (executor or administrator). The insurance company…