Can a co-signer close a decedent’s bank account and use its funds before establishing an estate account in North Carolina?

Can a Co-Signer Continue Using a Decedent’s Bank Account and Close It Without Opening an Estate Account? In Whitney County, if you were listed as a co-signer (but not a joint owner) on your grandparents’ bank account, you technically didn’t acquire ownership of the funds. North Carolina law requires that any assets of the decedent…

What are the key duties and potential liabilities of a North Carolina executor under Chapter 28A of the General Statutes?

What are an executor’s key duties and potential liabilities under North Carolina probate law? When someone appoints an executor or personal representative in North Carolina, that individual takes on significant legal duties. In Guilford County and across the state, Chapter 28A of the North Carolina General Statutes spells out those responsibilities. Under N.C. Gen. Stat.…

When is ancillary probate in North Carolina required for estates with out-of-state administration but in-state assets?

1. What Is Ancillary Probate in North Carolina and When Do I Need It? Ancillary probate in North Carolina is a secondary probate process for estates opened here by a personal representative appointed in another jurisdiction. Under N.C. Gen. Stat. § 28A-14 (https://ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_28A/GS_28A-14.html), you must file ancillary probate whenever a decedent’s major assets—real estate, bank…