Should I file a creditor claim now or wait until my surviving parent passes, and what notice and deadline rules apply? nc

Should I file a creditor claim now or wait until my surviving parent passes, and what notice and deadline rules apply? – North Carolina Short Answer In North Carolina, a creditor claim is usually a claim against the deceased person’s estate, not against the surviving parent’s later estate. That means waiting until the surviving parent…

How can I endorse and deposit a refund check made payable to the estate if I’m the court‑appointed administrator? nc

How can I endorse and deposit a refund check made payable to the estate if I’m the court‑appointed administrator? – North Carolina Short Answer In North Carolina, a court-appointed administrator generally has authority to collect estate assets and deposit them into an estate bank account. Most banks will require current Letters of Administration (or a…

Can I sell the vehicles I’ve already retitled to my name now, and how should I handle vehicles that are only in my spouse’s name or have signed titles from prior sellers that were never registered? nc

Can I sell the vehicles I’ve already retitled to my name now, and how should I handle vehicles that are only in my spouse’s name or have signed titles from prior sellers that were never registered? – North Carolina Short Answer In North Carolina, a vehicle that is already titled in the surviving spouse’s name…

Is there a faster way to retitle multiple estate vehicles without repeated trips to the DMV? nc

Is there a faster way to retitle multiple estate vehicles without repeated trips to the DMV? – North Carolina Short Answer Yes. In North Carolina, a personal representative (executor/administrator) can usually retitle multiple estate vehicles by preparing the title-transfer packet for each vehicle and submitting them together by mail to DMV headquarters, instead of making…

In what order are funeral costs, taxes, and unsecured debts paid, and when—if ever—could beneficiaries receive anything? nc

In what order are funeral costs, taxes, and unsecured debts paid, and when—if ever—could beneficiaries receive anything? – North Carolina Short Answer In North Carolina, an estate generally pays administration costs and certain family allowances first, then pays claims in a statutory priority order. Funeral expenses receive a limited priority amount, taxes are paid in…

Can an executor move estate property into their own name before the estate is settled, and how do we challenge those transfers? – nc

Can an executor move estate property into their own name before the estate is settled, and how do we challenge those transfers? – North Carolina Short Answer In North Carolina, an executor (personal representative) generally cannot transfer estate property into the executor’s own name for personal benefit before the estate is settled. The executor owes…

Can journal entries be used like a holographic will to show our parent wanted the children to inherit the home? nc

Can journal entries be used like a holographic will to show our parent wanted the children to inherit the home? – North Carolina Short Answer Sometimes, but only if the journal entry itself qualifies as a valid holographic (handwritten) will under North Carolina law. A journal entry that merely describes wishes or plans usually does…