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Probate Q&A Series

How can I remove or replace an executor who may be acting against the beneficiaries’ interests, and can the executor be held personally responsible for missing funds? – nc

How can I remove or replace an executor who may be acting against the beneficiaries’ interests, and can the executor be held personally responsible for missing funds? – North Carolina Short Answer In North Carolina, an executor (also called a “personal representative”) can be removed or replaced through the Clerk of Superior Court overseeing the…

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Probate Q&A Series

How will I receive the probate letters once they are issued, and how long does it usually take after the revision is filed? nc

How will I receive the probate letters once they are issued, and how long does it usually take after the revision is filed? – North Carolina Short Answer In North Carolina, probate “letters” (letters testamentary or letters of administration) are issued by the Clerk of Superior Court after the personal representative qualifies. How they are…

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Probate Q&A Series

How can I close a deceased person’s brokerage account if they demand my net worth and I won’t open an account with them? nc

How can I close a deceased person’s brokerage account if they demand my net worth and I won’t open an account with them? – North Carolina Short Answer In North Carolina, a brokerage generally should not need a beneficiary’s personal net worth to transfer or close a deceased person’s account. The brokerage typically can close…

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Probate Q&A Series

If I can’t provide clear title because the property is tied to a deceased owner’s estate, does the purchase contract become void or can the buyer try to force the sale? – nc

If I can’t provide clear title because the property is tied to a deceased owner’s estate, does the purchase contract become void or can the buyer try to force the sale? – North Carolina Short Answer In North Carolina, a buyer may try to enforce a signed real estate purchase contract even if the seller…

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Probate Q&A Series

If the only named beneficiary on a life insurance policy died before the insured, who is supposed to receive the payout? nc

If the only named beneficiary on a life insurance policy died before the insured, who is supposed to receive the payout? – North Carolina Short Answer In North Carolina, if the only named beneficiary died before the insured and there is no living contingent (backup) beneficiary, the policy usually pays the proceeds to the insured’s…

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Probate Q&A Series

How should an estate handle rent from a tenant living in estate property after the owner dies, especially if the tenant is hard to reach? NC

How should an estate handle rent from a tenant living in estate property after the owner dies, especially if the tenant is hard to reach? – North Carolina Short Answer In North Carolina, rent for property owned by a deceased person should generally be treated as an estate asset and collected by the court-appointed personal…

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Partition Action Q&A Series

If one co-owner has been paying the mortgage, can they make me personally pay them back just because I lived there during the marriage? nc

If one co-owner has been paying the mortgage, can they make me personally pay them back just because I lived there during the marriage? – North Carolina Short Answer In North Carolina, a co-owner who paid the mortgage can usually ask for reimbursement (called “contribution”) in a partition case, but that is typically handled as…

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Probate Q&A Series

What am I actually signing if the decedent’s family asks me to waive or renounce rights in the estate, and should I sign anything at all? nc

What am I actually signing if the decedent’s family asks me to waive or renounce rights in the estate, and should I sign anything at all? – North Carolina Short Answer In North Carolina, “waiver/renunciation” paperwork can mean very different things, but many versions are designed to (1) give someone else the right to serve…

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Probate Q&A Series

If I file for both a year’s allowance and a spouse’s share in the estate, can the adult children challenge it or block the distribution? NC

If I file for both a year’s allowance and a spouse’s share in the estate, can the adult children challenge it or block the distribution? – North Carolina Short Answer Yes. In North Carolina, adult children (and other people with legal standing) can challenge a surviving spouse’s year’s allowance award and can also participate in…

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Probate Q&A Series

How do I enforce a will when the estate administrator refuses to give a beneficiary’s inheritance after the beneficiary dies? nc

How do I enforce a will when the estate administrator refuses to give a beneficiary’s inheritance after the beneficiary dies? – North Carolina Short Answer In North Carolina, a beneficiary’s inheritance generally does not disappear just because the beneficiary dies before receiving it. In most cases, the beneficiary’s share becomes an asset of the beneficiary’s…

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Probate Q&A Series

What could happen if the waiver of commission is submitted incorrectly or without the rest of the required paperwork? nc

What could happen if the waiver of commission is submitted incorrectly or without the rest of the required paperwork? – North Carolina Short Answer In North Carolina estate administration, a waiver of commission usually does not “work” by itself. If it is submitted incorrectly or without the other required estate filings, the Clerk of Superior…

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Partition Action Q&A Series

If my parent’s money paid to build the house, can I claim the house as my inheritance even though the land deed lists other family members? nc

If my parent’s money paid to build the house, can I claim the house as my inheritance even though the land deed lists other family members? – North Carolina Short Answer Usually not by inheritance alone. In North Carolina, a house built on land is generally treated as part of the real estate, so ownership…

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Partition Action Q&A Series

Can we use mediation or a written agreement to set terms for timing of the sale, choosing a realtor, and handling repairs and listing decisions? nc

Can we use mediation or a written agreement to set terms for timing of the sale, choosing a realtor, and handling repairs and listing decisions? – North Carolina Short Answer Yes. In North Carolina, co-owners can use mediation and a written settlement agreement to set practical terms for a sale, including the timeline, who will…

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