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Probate Q&A Series ·

What happens to cars and auto insurance when the vehicles are in the deceased person’s name but a relative is driving them, including a financed or leased car titled with someone else? nc

What happens to cars and auto insurance when the vehicles are in the deceased person’s name but a relative is driving them, including a financed or leased car titled with someone else? – North Carolina Short Answer In North Carolina, a car titled in the deceased person’s name is usually an estate asset, and the…

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Probate Q&A Series ·

How do I confirm the exact payoff amount owed to an inheritance-advance company during probate? nc

How do I confirm the exact payoff amount owed to an inheritance-advance company during probate? – North Carolina Short Answer In North Carolina probate, the cleanest way to confirm the exact payoff is to require a written, itemized payoff statement backed by the underlying contract and any assignment or lien documents. The personal representative (through…

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Probate Q&A Series ·

How do I confirm the estate is officially opened and that the right person has authority to receive funds? nc

How do I confirm the estate is officially opened and that the right person has authority to receive funds? – North Carolina Short Answer In North Carolina, an estate is “officially opened” when the Clerk of Superior Court has appointed a personal representative and issued court “letters” (Letters Testamentary for an executor named in a…

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Real Estate Q&A Series ·

Can a co-owner require repayment of the original investment plus an interest amount before anyone else gets sale proceeds? nc

Can a co-owner require repayment of the original investment plus an interest amount before anyone else gets sale proceeds? – North Carolina Short Answer Sometimes, but not automatically. In North Carolina, sale proceeds are usually split based on each co-owner’s ownership percentage, with court-ordered adjustments for certain payments a co-owner made (like taxes, insurance, necessary…

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Real Estate Q&A Series ·

If a property is owned as joint tenants or tenants by the entirety and one spouse dies, does the surviving spouse automatically become the sole owner? nc

If a property is owned as joint tenants or tenants by the entirety and one spouse dies, does the surviving spouse automatically become the sole owner? – North Carolina Short Answer In North Carolina, if spouses own real estate as tenants by the entirety, the surviving spouse generally becomes the sole owner automatically at the…

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Probate Q&A Series ·

What happens if personal property from the estate is moved or distributed before the estate inventory and other probate filings are completed? nc

What happens if personal property from the estate is moved or distributed before the estate inventory and other probate filings are completed? – North Carolina Short Answer In North Carolina, moving or distributing a decedent’s personal property before the estate is properly opened and the personal representative is officially appointed can create serious problems. The…

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Surplus Funds Q&A Series ·

What documents do I need to prove I’m the estate representative and that the estate is entitled to any foreclosure surplus? NC

What documents do I need to prove I’m the estate representative and that the estate is entitled to any foreclosure surplus? – North Carolina Short Answer In North Carolina, the core documents are the court-issued proof of appointment as personal representative (Letters Testamentary or Letters of Administration) and the estate file information tying the decedent…

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