Can I sell estate real estate during probate, and what’s the best way to handle it if one heir wants to buy out the other instead of selling to a third party? nc

Can I sell estate real estate during probate, and what’s the best way to handle it if one heir wants to buy out the other instead of selling to a third party? – North Carolina Short Answer Yes—estate real estate can often be sold during probate in North Carolina, but the “right way” depends on…

If the insurance payments covered both a vehicle and the decedent’s home, how do I show the court what portion was for the property? nc

If the insurance payments covered both a vehicle and the decedent’s home, how do I show the court what portion was for the property? – North Carolina Short Answer In North Carolina estate administration, the cleanest way to show what portion of a combined insurance payment relates to the decedent’s home (versus a vehicle) is…

Can a trustee distribute trust assets based only on a probated will when the distribution depends on a testamentary power of appointment? nc

Can a trustee distribute trust assets based only on a probated will when the distribution depends on a testamentary power of appointment? – North Carolina Short Answer Usually not. In North Carolina, when a trust’s distribution depends on whether a testamentary power of appointment was exercised, the trustee generally must confirm that the power was…

If the executor named in the will lives outside the country, can I still open probate in my local court and what role would the executor have? nc

If the executor named in the will lives outside the country, can I still open probate in my local court and what role would the executor have? – North Carolina Short Answer Yes. In North Carolina, probate is opened with the Clerk of Superior Court (Estates) in the proper county even if the will names…

Do I need court approval before paying attorney fees or other bills out of the estate account? nc

Do I need court approval before paying attorney fees or other bills out of the estate account? – North Carolina Short Answer Usually, a North Carolina personal representative can pay ordinary estate administration expenses and valid creditor claims from the estate bank account without getting a separate court order each time. The main exceptions are…

Can I handle the bank paperwork myself while the estate case is still moving forward in court? nc

Can I handle the bank paperwork myself while the estate case is still moving forward in court? – North Carolina Short Answer Often, yes. In North Carolina, a personal representative (executor or administrator) can usually communicate with banks, submit their forms, and provide the documents banks commonly require (like certified Letters) even while the estate…