What should an executor or probate attorney do if a creditor claim lists a collector that says it no longer handles the account? NC

What should an executor or probate attorney do if a creditor claim lists a collector that says it no longer handles the account? – NC Short Answer In North Carolina, the personal representative should not pay or reject a creditor claim blindly when the listed collector says it no longer handles the account. The safer…

What should be done if timber-sale checks were reissued or there are multiple versions of the same payment? – NC

What should be done if timber-sale checks were reissued or there are multiple versions of the same payment? – NC Short Answer In North Carolina, timber-sale checks payable to a deceased person should usually be treated as estate assets and sent to the duly appointed personal representative for review and deposit into the estate account.…

How do I confirm that an estate-related claim has been fully satisfied and properly released in the creditor’s records? NC

How do I confirm that an estate-related claim has been fully satisfied and properly released in the creditor’s records? – NC Short Answer In North Carolina, an executor usually confirms that an estate claim has been fully satisfied by matching the written claim, proof of payment, and a written satisfaction or release from the creditor,…