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Probate Q&A Series ·

What happens if the decedent’s family tries to block or delay a life insurance payout to the beneficiary? NC

What happens if the decedent’s family tries to block or delay a life insurance payout to the beneficiary? – NC Short Answer In North Carolina, a named life insurance beneficiary usually claims the policy directly from the insurer, and the decedent’s family cannot override that designation just by objecting or withholding paperwork. If the family…

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If the other co-owner has dementia and their adult child is handling things, who do we have to negotiate with or serve legal papers on? NC

If the other co-owner has dementia and their adult child is handling things, who do we have to negotiate with or serve legal papers on? – NC Short Answer In North Carolina, the adult child does not automatically have authority to negotiate a buyout or accept service in a partition case just because that child…

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What steps are involved in getting a trust properly signed and made effective so it will be accepted by financial institutions? NC

What steps are involved in getting a trust properly signed and made effective so it will be accepted by financial institutions? – NC Short Answer In North Carolina, a trust is usually made effective by signing the trust agreement correctly, having the trustee accept the role, and then funding the trust by retitling assets or…

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What can I do if a trustee transferred inherited property to someone else before transferring it to the beneficiaries? NC

What can I do if a trustee transferred inherited property to someone else before transferring it to the beneficiaries? – NC Short Answer Under North Carolina law, a beneficiary may be able to challenge a trustee’s transfer of inherited property if the trustee moved the property to someone else before making the required distribution. The…

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