Will I get in trouble for withdrawing money from the deceased person’s account around the time they died if I had a power of attorney? nc

Will I get in trouble for withdrawing money from the deceased person’s account around the time they died if I had a power of attorney? – North Carolina Short Answer In North Carolina, a power of attorney generally stops at the moment of the principal’s death, so withdrawals made after death can create serious problems…

How does an out-of-town family member affect who inherits or who can make decisions about a deceased person’s estate? nc

How does an out-of-town family member affect who inherits or who can make decisions about a deceased person’s estate? – North Carolina Short Answer In North Carolina, an out-of-town family member usually does not change who inherits. Inheritance depends on a valid will, or (if there is no will) North Carolina’s intestate succession rules—not where…

How do life insurance policies and old beneficiary designations affect what is distributed through the estate? nc

How do life insurance policies and old beneficiary designations affect what is distributed through the estate? – North Carolina Short Answer In North Carolina, life insurance usually does not pass through the probate estate if the policy has a living named beneficiary. The insurance company generally pays the person listed on the most recent beneficiary…