How can I protect myself as the personal representative when selling estate property so other heirs or creditors can’t accuse me of selling it too cheap? nc

How can I protect myself as the personal representative when selling estate property so other heirs or creditors can’t accuse me of selling it too cheap? – North Carolina Short Answer In North Carolina, a personal representative can reduce “sold too cheap” accusations by using a documented, arms-length sale process and (when required) the court-supervised…

What rights do beneficiaries have to information about the estate’s bank accounts, car, and other assets before probate is opened? nc

What rights do beneficiaries have to information about the estate’s bank accounts, car, and other assets before probate is opened? – North Carolina Short Answer In North Carolina, beneficiaries usually have limited enforceable rights to estate asset information before a probate estate is opened, because no personal representative has legal authority (or court-supervised duties) until…

What happens during the creditor notice period, and can it delay selling the house? nc

What happens during the creditor notice period, and can it delay selling the house? – North Carolina Short Answer In North Carolina estate administration, the “creditor notice period” is the window after the personal representative publishes the required notice to creditors, giving creditors time to present claims against the estate. It can delay selling the…