Who is allowed to speak with a credit card company about a deceased person’s account during probate, and what proof of authority is typically needed? – NC

Who is allowed to speak with a credit card company about a deceased person’s account during probate, and what proof of authority is typically needed? – NC Short Answer In North Carolina, the person usually allowed to speak with a credit card company about a deceased person’s account during probate is the duly appointed personal…

Do grandchildren inherit a deceased parent’s share of real estate, and does that share get split among all siblings? – NC

Do grandchildren inherit a deceased parent’s share of real estate, and does that share get split among all siblings? – NC Short Answer Yes. Under North Carolina intestacy law, if a child of the deceased died before the deceased, that child’s line usually takes that child’s share of the real estate. In most cases, the…

Does the executor’s authorization letter to release account information have to be notarized? NC

Does the executor’s authorization letter to release account information have to be notarized? – NC Short Answer Usually no. Under North Carolina probate practice, an executor generally proves authority with letters testamentary or letters of administration, and a creditor may also ask for a signed written authorization if the executor wants the creditor to speak…

How long can a trust company take to approve a trust distribution when they already have the beneficiary paperwork and account information? – NC

How long can a trust company take to approve a trust distribution when they already have the beneficiary paperwork and account information? – NC Short Answer In North Carolina, there is usually no single fixed number of days for a trustee or trust company to approve a beneficiary distribution. The trustee must act in good…

What can I do if the person handling the estate is selling or giving away the deceased person’s belongings before the inventory is filed? NC

What can I do if the person handling the estate is selling or giving away the deceased person’s belongings before the inventory is filed? – NC Short Answer In North Carolina, an executor or administrator must protect estate property and file a 90-day inventory with the Clerk of Superior Court. If the person handling the…