What steps are needed to use a small estate affidavit to collect my mom’s bank account and pension check?: North Carolina Probate

What steps are needed to use a small estate affidavit to collect my mom’s bank account and pension check? – North Carolina Short Answer In North Carolina, you can use a “collection by affidavit” small‑estate process to gather a decedent’s personal property (like a bank account or a pension check payable to the estate) if…

How do I properly finalize and submit a complete estate accounting so the probate clerk will accept it?: North Carolina

How do I properly finalize and submit a complete estate accounting so the probate clerk will accept it? – North Carolina Short Answer In North Carolina, your final account must reconcile exactly from the opening inventory or last account through all receipts and disbursements, include vouchers for every payment, show how each creditor claim was…

What steps do I need to take to resolve a creditor’s claim on a repossessed vehicle before closing the estate?: North Carolina

What steps do I need to take to resolve a creditor’s claim on a repossessed vehicle before closing the estate? – North Carolina Short Answer In North Carolina probate, treat a repossessed car lender as a secured creditor only up to the value of the collateral; any leftover balance (deficiency) is an unsecured claim paid…

How can I confirm I’m receiving the correct net proceeds when selling an estate home?: North Carolina probate guide

How can I confirm I’m receiving the correct net proceeds when selling an estate home? – North Carolina Short Answer In North Carolina, confirm your net proceeds by verifying that you have legal authority to sell, and then reviewing the closing attorney’s settlement statement built on a title search and written payoff letters. Check that…