Will a bank accept electronically signed and time‑stamped estate documents, or do they require wet signatures? nc

Will a bank accept electronically signed and time‑stamped estate documents, or do they require wet signatures? – North Carolina Short Answer In North Carolina, electronic signatures can be legally valid in many situations, but a bank is not automatically required to accept an electronically signed, time-stamped estate document for account access. In practice, banks usually…

How do beneficiary designations on retirement and bank accounts affect whether they bypass probate? nc

How do beneficiary designations on retirement and bank accounts affect whether they bypass probate? – North Carolina Short Answer In North Carolina, many retirement accounts and bank accounts transfer by beneficiary designation (or survivorship/POD titling) and usually do not become part of the probate estate. The financial institution typically pays the named beneficiary directly after…

How are medical bills and small credit charges handled after the notice to creditors, and can insurance benefits be applied to pay them? nc

How are medical bills and small credit charges handled after the notice to creditors, and can insurance benefits be applied to pay them? – North Carolina Short Answer In North Carolina probate, medical bills and small credit-card charges are handled as creditor claims: they should be presented in writing within the creditor-claim deadline stated in…

Can the utility company send the final statement electronically, and is that sufficient for the estate process and notifying creditors? nc

Can the utility company send the final statement electronically, and is that sufficient for the estate process and notifying creditors? – North Carolina Short Answer In North Carolina, a utility company can usually send a final bill electronically if the account setup allows it, and an emailed/PDF statement is often workable for paying the bill…

Can I get a full accounting of the estate, including bank statements and proof of what each payment was for? nc

Can I get a full accounting of the estate, including bank statements and proof of what each payment was for? – North Carolina Short Answer Yes—under North Carolina probate practice, an executor (personal representative) must file estate accountings with the Clerk of Superior Court that list receipts and disbursements, and the Clerk can require supporting…