Probate Q&A Series

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Probate Q&A Series ·

If the bank refuses to honor the designation, is a small-estate affidavit or affidavit of collection an option, and what steps are required? NC

If the bank refuses to honor the designation, is a small-estate affidavit or affidavit of collection an option, and what steps are required? – North Carolina Short Answer Sometimes. In North Carolina, a “collection of personal property by affidavit” (often called a small-estate affidavit) can let an eligible person collect certain estate assets without opening…

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Probate Q&A Series ·

Can I be reimbursed from the estate for cremation and other necessary expenses I paid, and how are medical and utility bills prioritized, including any Medicaid recovery? NC

Can I be reimbursed from the estate for cremation and other necessary expenses I paid, and how are medical and utility bills prioritized, including any Medicaid recovery? – North Carolina Short Answer Often, yes—reasonable cremation/funeral expenses and certain other necessary out-of-pocket costs can be reimbursed from a North Carolina estate, but only after a personal…

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Probate Q&A Series ·

What documents or authority do I need to request historical stock statements and related tax forms for an estate? NC

What documents or authority do I need to request historical stock statements and related tax forms for an estate? – North Carolina Short Answer In North Carolina, the person who can usually request historical stock account statements and related tax forms for an estate is the court-appointed personal representative (executor or administrator). The most common…

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Probate Q&A Series ·

I’ve been paying the property taxes for a long time—does that change my ownership share or let me recover those costs? NC

I’ve been paying the property taxes for a long time—does that change my ownership share or let me recover those costs? – North Carolina Short Answer In North Carolina, paying the property taxes on heirs’ property usually does not increase a person’s ownership share by itself. However, North Carolina law can allow reimbursement (often called…

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Probate Q&A Series ·

What documents will a pension administrator accept to speak with me about a deceased person’s benefits if a power of attorney ends at death? NC

What documents will a pension administrator accept to speak with me about a deceased person’s benefits if a power of attorney ends at death? – North Carolina Short Answer In North Carolina, a financial power of attorney generally does not let an agent keep acting after the person dies, so pension plan administrators usually will…

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Probate Q&A Series ·

What documents will the DMV accept to retitle an estate vehicle if I have letters of administration but not letters testamentary? NC

What documents will the DMV accept to retitle an estate vehicle if I have letters of administration but not letters testamentary? – North Carolina Short Answer In North Carolina, the DMV generally accepts Letters of Administration as proof that a court-appointed personal representative has authority to sign and transfer an estate vehicle’s title. In most…

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