Probate Q&A Series

Page 36 of 433

Probate Q&A Series

Can estate funds be held temporarily somewhere while a new trustee is being chosen for the beneficiaries who need ongoing trust management? – NC

Can estate funds be held temporarily somewhere while a new trustee is being chosen for the beneficiaries who need ongoing trust management? – NC Short Answer Yes. Under North Carolina law, funds that are supposed to stay in trust generally should not be paid outright to those beneficiaries just because the current trustee is resigning…

Read more
Go to Top
Free Consultation

Talk with a North Carolina attorney

Tell us a bit about your situation and we'll respond within one business day.