When is the right time to open probate to obtain clear title without giving the buyer more leverage or risking a forced sale? nc

When is the right time to open probate to obtain clear title without giving the buyer more leverage or risking a forced sale? – North Carolina Short Answer In North Carolina, probate (estate administration) is usually opened as soon as a sale needs “marketable” (clear) title, because a buyer can often push harder once it…

If the surviving spouse co-owned the home with the decedent, how is that ownership treated in probate despite the prenuptial? nc

If the surviving spouse co-owned the home with the decedent, how is that ownership treated in probate despite the prenuptial? – North Carolina Short Answer In North Carolina, a home that the spouses co-owned with a survivorship form of title (most commonly tenancy by the entirety) usually passes to the surviving spouse automatically at death…

If a will left my deceased family member a share of home-sale proceeds, who receives that share now and how is it claimed through their estate? nc

If a will left my deceased family member a share of home-sale proceeds, who receives that share now and how is it claimed through their estate? – North Carolina Short Answer In North Carolina, if a person was entitled to receive money or specific items under someone else’s will and then died before actually receiving…

Will a bank accept electronically signed and time‑stamped estate documents, or do they require wet signatures? nc

Will a bank accept electronically signed and time‑stamped estate documents, or do they require wet signatures? – North Carolina Short Answer In North Carolina, electronic signatures can be legally valid in many situations, but a bank is not automatically required to accept an electronically signed, time-stamped estate document for account access. In practice, banks usually…

How do beneficiary designations on retirement and bank accounts affect whether they bypass probate? nc

How do beneficiary designations on retirement and bank accounts affect whether they bypass probate? – North Carolina Short Answer In North Carolina, many retirement accounts and bank accounts transfer by beneficiary designation (or survivorship/POD titling) and usually do not become part of the probate estate. The financial institution typically pays the named beneficiary directly after…