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Probate Q&A Series

If we have to open an estate just to receive lawsuit proceeds, what steps and filings are typically required? NC

If we have to open an estate just to receive lawsuit proceeds, what steps and filings are typically required? – North Carolina Short Answer In North Carolina, lawsuit proceeds that are payable to a deceased person’s estate usually cannot be accepted or deposited until a court-appointed personal representative (an “administrator” when there is no will)…

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Probate Q&A Series

Can the surviving spouse collect the settlement proceeds without opening a full probate estate? NC

Can the surviving spouse collect the settlement proceeds without opening a full probate estate? – North Carolina Short Answer Usually, no. In North Carolina, settlement money tied to a deceased person’s car-accident case is typically paid to a court-appointed personal representative (or, in some situations, a collector or a limited personal representative), not directly to…

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Probate Q&A Series

What can I do if the executor is delaying the estate administration and not signing or returning required probate documents? NC

What can I do if the executor is delaying the estate administration and not signing or returning required probate documents? – North Carolina Short Answer In North Carolina, when an executor (personal representative) delays estate administration and will not sign or return required probate paperwork, an heir or other “interested person” can ask the Clerk…

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Probate Q&A Series

Can one co-owner or beneficiary be paid or reimbursed for managing the rental properties and coordinating repairs before everything is finalized? NC

Can one co-owner or beneficiary be paid or reimbursed for managing the rental properties and coordinating repairs before everything is finalized? – North Carolina Short Answer Sometimes, but it depends on the person’s legal role and what the trust documents (or court) allow. Under North Carolina law, a trustee can generally reimburse proper out-of-pocket expenses…

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Probate Q&A Series

What happens if the other co-administrator sold an estate vehicle and won’t provide receipts or deposit the proceeds into the estate account? NC

What happens if the other co-administrator sold an estate vehicle and won’t provide receipts or deposit the proceeds into the estate account? – North Carolina Short Answer In North Carolina, a co-administrator who sells an estate vehicle still has to account for the sale and treat the proceeds as estate property. If the co-administrator will…

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Partition Action Q&A Series

How does the court decide whether the property will be sold privately or through a bidding process, and can the court set a minimum sale price? NC

How does the court decide whether the property will be sold privately or through a bidding process, and can the court set a minimum sale price? – North Carolina Short Answer In a North Carolina partition action, once the court orders a sale, the court (often the Clerk of Superior Court) sets the sale method…

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Probate Q&A Series

Who is responsible for getting the trust’s tax ID number, and whose name should be listed as trustee on the paperwork? NC

Who is responsible for getting the trust’s tax ID number, and whose name should be listed as trustee on the paperwork? – North Carolina Short Answer In North Carolina, the trustee who is actually serving (including a corporate trustee) is typically responsible for obtaining the trust’s federal tax ID number (EIN) and using it for…

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Guardianship Q&A Series

How do I know when a parent’s cognitive decline is serious enough to pursue guardianship? NC

How do I know when a parent’s cognitive decline is serious enough to pursue guardianship? – North Carolina Short Answer In North Carolina, cognitive decline is usually “serious enough” to pursue guardianship when a parent can no longer consistently understand information, make or communicate decisions, and manage essential personal, medical, or financial needs—and a power…

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