What can I do if I think a sibling used undue influence to control my parent and change a trust or beneficiary plan? – North Carolina Short Answer In North Carolina, a suspected undue influence situation usually calls for fast evidence preservation and the right court filing based on what document changed (trust, will, or…
What happens if a creditor files a claim against the estate before the claims deadline ends? – North Carolina Short Answer In North Carolina, a creditor can file a claim at any time during the open claims period, and an early-filed claim is treated as a timely claim. Filing early does not mean the estate…
Can I use an out-of-state CPA to file a deceased parent’s final tax return and handle any state tax notices from another state? – North Carolina Short Answer In North Carolina, an estate administrator can generally hire an accountant, including an out-of-state CPA, to prepare and file a deceased parent’s final returns and help respond…
Do the investment accounts that are payable on death to a testamentary trust have to be retitled into the trust first before any beneficiaries can receive their outright shares? – North Carolina Short Answer Usually, yes in practice: if a brokerage account is designated TOD/POD to a testamentary trust, the brokerage typically will not distribute…
If an early distribution is made and later taxes or expenses come due, do I have to pay money back to the estate? – North Carolina Short Answer Possibly. In North Carolina, an estate can sometimes make an early (partial) distribution, but the personal representative still has to pay valid estate expenses, creditor claims, and…
What happens if a creditor keeps reporting an estate balance even after the estate pays what it agrees is owed? – North Carolina Short Answer In North Carolina, once a probate estate pays a creditor the amount the creditor agrees is owed, the estate should document the payment and request written confirmation that the claim…
If I’m not an heir, can I still make a claim to a vehicle connected to an estate? – North Carolina Short Answer Yes. In North Carolina, a person who is not an heir can still have a valid claim to a vehicle connected to an estate, but the claim usually must fit into a…
How do annual estate accountings work when an estate stays open longer than a year? – North Carolina Short Answer In North Carolina, when an estate stays open past the first year after the personal representative qualifies, the personal representative generally must keep filing an Annual Account with the Clerk of Superior Court until the…
How do I start the process to be officially appointed to handle my spouse’s estate when there is a will? – North Carolina Short Answer In North Carolina, the process usually starts by taking the original will and a certified death certificate to the Clerk of Superior Court in the county where the spouse lived…
How can I access or unfreeze a bank account that was used during guardianship and became frozen when the account owner died? – North Carolina Short Answer In North Carolina, a bank will usually freeze an account when it learns the owner died, and it will not release funds to a former guardian or agent…
