Does a house held in a revocable trust stay outside probate, and how does that affect creditor claims against the estate? nc

Does a house held in a revocable trust stay outside probate, and how does that affect creditor claims against the estate? – North Carolina Short Answer In North Carolina, a house titled in a revocable living trust is usually a non‑probate asset, meaning it can often be managed or transferred by the trustee without opening…

Can the bank freeze or close accounts during the estate process, and how can I access funds needed for urgent expenses? nc

Can the bank freeze or close accounts during the estate process, and how can I access funds needed for urgent expenses? – North Carolina Short Answer In North Carolina, a bank will often restrict (and sometimes close) a deceased person’s individual accounts once it learns of the death, until someone has legal authority to act…

Once I’m appointed, what are my responsibilities as an administrator while a wrongful death case is pending? nc

Once I’m appointed, what are my responsibilities as an administrator while a wrongful death case is pending? – North Carolina Short Answer In North Carolina, an administrator (personal representative) acts as a fiduciary while a wrongful death claim is being pursued. The main responsibilities are to (1) stay properly qualified through the Clerk of Superior…

Does the half-sibling who was not related to the surviving spouse inherit any part of the house? nc

Does the half-sibling who was not related to the surviving spouse inherit any part of the house? – North Carolina Short Answer Usually, no. In North Carolina, when a surviving spouse inherits property and later dies without a will, that property passes through the surviving spouse’s intestate heirs—starting with the surviving spouse’s children and the…

Do we still need to open probate if the surviving spouse is expected to receive everything? nc

Do we still need to open probate if the surviving spouse is expected to receive everything? – North Carolina Short Answer Sometimes yes. In North Carolina, marriage alone does not automatically transfer every asset to the surviving spouse, and many banks, retirement plan administrators, and the DMV still require probate paperwork (or a permitted simplified…

How can I reopen a previously closed estate so I can continue a contamination claim that the decedent started? nc

How can I reopen a previously closed estate so I can continue a contamination claim that the decedent started? – North Carolina Short Answer In North Carolina, a closed estate can often be reopened through a “subsequent administration” so a personal representative can take new action for the estate, such as continuing a claim the…