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How do I change the executor in my will? NC

How do I change the executor in my will? – North Carolina Short Answer In North Carolina, changing the executor in a will usually requires signing a valid codicil or a new will with the same formalities used for a will. The change is not effective just because the testator writes notes on the old…

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Probate Q&A Series ·

Can the estate access a bank account in another state when the surviving spouse isn’t listed on the account and there’s no payable-on-death beneficiary? NC

Can the estate access a bank account in another state when the surviving spouse isn’t listed on the account and there’s no payable-on-death beneficiary? – North Carolina Short Answer Yes. Under North Carolina probate law, a bank account titled only in the decedent’s name and without a payable-on-death beneficiary usually becomes a probate asset, not…

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Wrongful Death ·

How are wrongful death proceeds handled when there is an estate involved and multiple potential beneficiaries? NC

How are wrongful death proceeds handled when there is an estate involved and multiple potential beneficiaries? – NC Short Answer In North Carolina, wrongful death proceeds are usually collected by the decedent’s personal representative, but they are not distributed the same way as ordinary estate assets. After approved expenses and any statutory claims tied to…

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What happens to my parent’s estate-planning paperwork if the attorney who drafted it is no longer with the firm? NC

What happens to my parent’s estate-planning paperwork if the attorney who drafted it is no longer with the firm? – NC Short Answer In North Carolina, a lawyer leaving a firm does not make a parent’s estate-planning paperwork disappear or become invalid. The file usually remains with the firm unless it was transferred with the…

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Probate Q&A Series ·

What happens when two people file competing petitions to be appointed administrator of an estate? NC

What happens when two people file competing petitions to be appointed administrator of an estate? – NC Short Answer In North Carolina, when two people file competing petitions to become administrator of an intestate estate, the Clerk of Superior Court decides who should be appointed. The clerk usually looks first at statutory priority, any renunciations…

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