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Probate Q&A Series

Can we list the property now with a contract that closes after a specific date tied to the waiting period, and how would that affect buyers and escrow? NC

Can we list the property now with a contract that closes after a specific date tied to the waiting period, and how would that affect buyers and escrow? – North Carolina Short Answer In North Carolina, a home can often be listed and put under contract before a probate-related “waiting period” ends, as long as…

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Probate Q&A Series

Do we need a formal written appraisal for the vehicles, or are market comparisons and estimates sufficient? NC

Do we need a formal written appraisal for the vehicles, or are market comparisons and estimates sufficient? – North Carolina Short Answer In North Carolina probate, a formal written appraisal is not automatically required for estate vehicles. The personal representative generally must report a good-faith fair market value as of the date of death on…

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Probate Q&A Series

How do I get appointed as the administrator if the original administrator stopped acting and I’m now handling everything? NC

How do I get appointed as the administrator if the original administrator stopped acting and I’m now handling everything? – North Carolina Short Answer In North Carolina, only the Clerk of Superior Court can change who is serving as administrator. If the currently appointed administrator has stopped acting, the usual path is to ask the…

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Probate Q&A Series

Can a will be thrown out if the witnesses and notary didn’t actually see it signed, and what evidence can I use to prove my parent intended to revoke the earlier will?

Can a will be thrown out if the witnesses and notary didn’t actually see it signed, and what evidence can I use to prove my parent intended to revoke the earlier will? – North Carolina Short Answer Yes. In North Carolina, an attested will can be rejected if the signing and witnessing steps did not…

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Probate Q&A Series

How do I open an estate bank account and handle the sale proceeds during the creditor claim window? NC

How do I open an estate bank account and handle the sale proceeds during the creditor claim window? – North Carolina Short Answer In North Carolina, the personal representative (administrator) typically opens an estate checking account right after qualification using the estate’s own taxpayer identification number (not the decedent’s Social Security number) and the Letters…

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Probate Q&A Series

What happens if the notary was the partner of the person benefiting from the transfer—does that invalidate the notarization? NC

What happens if the notary was the partner of the person benefiting from the transfer—does that invalidate the notarization? – North Carolina Short Answer In North Carolina, the fact that a notary is the partner of someone who benefits from a deed or other transfer does not automatically invalidate the notarization. The key issue is…

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Probate Q&A Series

How do I make a claim for hospital indemnity or accidental death benefits and what proof will insurers require? NC

How do I make a claim for hospital indemnity or accidental death benefits and what proof will insurers require? – North Carolina Short Answer In North Carolina, hospital indemnity and accidental death benefit claims are usually made by contacting the insurer (or the employer/plan administrator if the coverage was through work), requesting the claim packet,…

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Real Estate Q&A Series

Is it appropriate to select “no representation” on the property disclosure if I’m unsure about the home’s condition, and what are the risks if problems are found later? NC

Is it appropriate to select “no representation” on the property disclosure if I’m unsure about the home’s condition, and what are the risks if problems are found later? – North Carolina Short Answer In North Carolina, the residential property disclosure law generally allows an owner to choose “no representation” instead of answering each condition question,…

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Probate Q&A Series

Are transactions I completed using the incorrect letters still valid, or do I need to redo anything after the letters are fixed? NC

Are transactions I completed using the incorrect letters still valid, or do I need to redo anything after the letters are fixed? – North Carolina Short Answer Often, routine estate transactions completed while a personal representative had valid authority are still effective even if the Letters later get corrected for a name or similar “scrivener”…

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