What assets must I list in the initial probate inventory, including bank accounts, vehicles, real estate, and retirement accounts? – North Carolina Short Answer In North Carolina, the personal representative must list probate assets that were owned by the decedent alone (or payable to the estate) in the initial inventory filed with the Clerk of…
Can a beneficiary access funds from POD accounts before probate is fully closed? – North Carolina Short Answer Yes. In North Carolina, a payable-on-death (POD) account generally becomes the beneficiary’s property at the owner’s death, so the beneficiary can usually claim the funds without waiting for probate to close. The bank will typically require proof…
What is the process for valuing and distributing estate assets equally among siblings? – North Carolina Short Answer In North Carolina, equal distribution among siblings in an intestate (no-will) estate usually happens through a probate estate opened with the Clerk of Superior Court, where a court-appointed personal representative lists and values the assets, pays allowed…
How do I respond if my co-executor demands reopening probate to amend our affidavit? – North Carolina Short Answer In North Carolina, a co-executor cannot force “reopening probate” just because a vehicle title was missed on a small estate filing. The practical first step is usually to address the vehicle through the Clerk of Superior…
Can I serve as the executor or personal representative, and what duties and risks come with that role? – North Carolina Short Answer In North Carolina, many adults can serve as the executor (named in a will) or administrator/personal representative (appointed when there is no will or no named executor can serve), but the appointment…
What steps do I need to take to get a duplicate title for a vehicle and address a foreclosed trailer? – North Carolina Short Answer In North Carolina, an estate administrator can usually get a duplicate vehicle title through the N.C. Division of Motor Vehicles (DMV) by applying as the deceased owner’s “legal representative” and…
How can I find and review the correct probate filing for my parent? – North Carolina Short Answer In North Carolina, most probate filings (if any were opened) are kept in the estate file maintained by the Clerk of Superior Court (Estates Division) in the county where the parent lived at death. The most reliable…
How can we enforce a court order to return personal property awarded under the spousal allowance? – North Carolina Short Answer In North Carolina, enforcement usually starts by getting a clear Clerk of Superior Court order that identifies the specific personal property awarded as the spousal year’s allowance and directs who must deliver it. If…
How do I use a small estate affidavit to transfer assets when items are missing? – North Carolina Short Answer In North Carolina, a “small estate affidavit” (collection of personal property by affidavit) can let a qualified heir collect certain personal property without opening a full probate estate, but it only works for property that…
Who is responsible for issuing the 1099 if an account changed custodians during the tax year, and how do I make sure the estate receives all required forms? – North Carolina Short Answer In North Carolina estate administration, the financial institution (the “payer”) that actually paid the taxable income is generally the one responsible for…
