News and Articles

Page 403 of 661

Probate Q&A Series

If there is no will, how are the home and other assets split between the surviving spouse and the children, and can I receive my share without forcing the spouse to move? NC

If there is no will, how are the home and other assets split between the surviving spouse and the children, and can I receive my share without forcing the spouse to move? – North Carolina Short Answer In North Carolina, if a parent dies without a valid will, state “intestate succession” rules control how the…

Read more
Probate Q&A Series

How can I speed up the issuance of letters of administration? NC

How can I speed up the issuance of letters of administration? – North Carolina Short Answer In North Carolina, letters of administration usually issue once the Clerk of Superior Court approves a complete application and the proposed personal representative has satisfied the “qualification” steps (oath, bond if required, and a resident process agent if the…

Read more
Probate Q&A Series

If a prior representative handled the publication and didn’t share the documents, how do I document compliance and keep the estate on track? NC

If a prior representative handled the publication and didn’t share the documents, how do I document compliance and keep the estate on track? – North Carolina Short Answer In North Carolina, the executor (personal representative) generally needs proof that the Notice to Creditors ran correctly, usually an Affidavit of Publication from the newspaper, and the…

Read more
Probate Q&A Series

What happens to a power of attorney after death, and can we challenge transactions the agent made shortly before or after the death? – NC

What happens to a power of attorney after death, and can we challenge transactions the agent made shortly before or after the death? – North Carolina Short Answer In North Carolina, a power of attorney generally ends when the principal dies, and the agent no longer has authority to control the person’s property. After death,…

Read more
Probate Q&A Series

What debts and carrying costs can the estate administrator deduct from my share of the sale proceeds? NC

What debts and carrying costs can the estate administrator deduct from my share of the sale proceeds? – North Carolina Short Answer In North Carolina, an estate administrator generally can deduct (1) amounts needed to satisfy liens that attach to the property (like delinquent property taxes), (2) the estate’s reasonable costs to preserve, insure, maintain,…

Read more
Probate Q&A Series

How can I access account and asset information as a co-heir during estate administration? NC

How can I access account and asset information as a co-heir during estate administration? – North Carolina Short Answer In North Carolina, most information about a probate estate is available through the Clerk of Superior Court, including the estate file, the inventory, and required accountings. If a sibling is acting as the personal representative (executor/administrator)…

Read more
Probate Q&A Series

When should I set up an estate bank account, and how do I keep estate funds separate from my personal accounts? NC

When should I set up an estate bank account, and how do I keep estate funds separate from my personal accounts? – North Carolina Short Answer In North Carolina, an administrator should usually open an estate checking account right after qualification (appointment) so incoming checks and estate expenses flow through one account. Estate funds must…

Read more
Probate Q&A Series

Who obtains the tax ID numbers for the testamentary trust and any subtrusts, and at what stage of probate should those be issued? NC

Who obtains the tax ID numbers for the testamentary trust and any subtrusts, and at what stage of probate should those be issued? – North Carolina Short Answer In North Carolina, the fiduciary who will act as trustee typically obtains the federal tax ID number (EIN) for a testamentary trust and for any separate sub-trusts…

Read more
Probate Q&A Series

Can we avoid probate for assets with beneficiary or transfer-on-death designations? NC

Can we avoid probate for assets with beneficiary or transfer-on-death designations? – North Carolina Short Answer Often, yes. In North Carolina, many assets with valid beneficiary, payable-on-death (POD), or transfer-on-death (TOD) designations pass directly to the named recipient and usually do not need to go through probate to transfer ownership. However, a court estate may…

Read more
Go to Top
Free Consultation

Talk with a North Carolina attorney

Tell us a bit about your situation and we'll respond within one business day.