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Probate Q&A Series ·

What happens if the executor or administrator changes after a shareholder dies and the account information no longer matches old statements? NC

What happens if the executor or administrator changes after a shareholder dies and the account information no longer matches old statements? – NC Short Answer In North Carolina, a change in the executor or administrator usually does not defeat the estate’s right to deal with a deceased shareholder’s account. The new personal representative must show…

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Probate Q&A Series ·

Can I recover my share of property expenses I paid by myself while inherited property was still being sorted out? NC

Can I recover my share of property expenses I paid by myself while inherited property was still being sorted out? – NC Short Answer Often, yes. Under North Carolina law, a cotenant who paid certain necessary carrying costs for inherited real property, such as property taxes, insurance, repairs, or loan payments, may seek contribution from…

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Probate Q&A Series ·

Can I request an accounting from an executor if I believe estate money or trust property has been handled without enough transparency? NC

Can I request an accounting from an executor if I believe estate money or trust property has been handled without enough transparency? – NC Short Answer Yes. In North Carolina, a beneficiary or other interested person can often ask for more information and, when needed, seek an accounting from the executor through the estate file…

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Attorney Jared Pierce
Attorney Jared Pierce
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