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Probate Q&A Series ·

What happens if a creditor won’t provide an itemized statement and only sends a balance breakdown? NC

What happens if a creditor won’t provide an itemized statement and only sends a balance breakdown? – NC Short Answer In North Carolina, a creditor’s claim against an estate does not automatically become valid just because the creditor sends a balance breakdown. The personal representative may require enough written information to show the amount claimed…

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Probate Q&A Series ·

What happens if a house was deeded to family members before the death—does it stay out of the estate, and can that transfer be challenged? NC

What happens if a house was deeded to family members before the death—does it stay out of the estate, and can that transfer be challenged? – NC Short Answer In North Carolina, a house that was validly transferred by deed before death usually does not pass through the probate estate because the decedent no longer…

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Surplus Funds Q&A Series ·

What kind of contract should I use if I locate surplus funds for someone else and want a percentage for helping them recover it? NC

What kind of contract should I use if I locate surplus funds for someone else and want a percentage for helping them recover it? – NC Short Answer In North Carolina, the agreement is usually a written property-finder or finder’s-fee agreement governed by the Unclaimed Property Act. But not every percentage-based contract is enforceable. For…

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What does it mean to “reinstate” a mortgage during a foreclosure or default situation, and how does that affect my options? – NC

What does it mean to “reinstate” a mortgage during a foreclosure or default situation, and how does that affect my options? – NC Short Answer In North Carolina, to reinstate a mortgage usually means paying the past-due amounts, late charges, and other allowed costs so the loan is brought current and the foreclosure can stop…

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Probate Q&A Series ·

Do you offer in-person consultations for probate matters? NC

Do you offer in-person consultations for probate matters? – NC Short Answer Yes. For a North Carolina probate matter, an in-person consultation is generally an office scheduling and intake issue, not a probate rule that bars the meeting. If a client has already spoken with an attorney by phone and wants to discuss estate administration…

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Do distributions for health, maintenance, and support include paying down the mortgage on a primary residence? NC

Do distributions for health, maintenance, and support include paying down the mortgage on a primary residence? – NC Short Answer Usually, they can, but not automatically. Under North Carolina trust law, the answer depends first on the exact wording of the trust and then on whether the trustee can reasonably treat a mortgage payment on…

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