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Can an executor transfer savings bonds before the estate closes? | NC

Pierce Law Group

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Q: Can an executor transfer savings bonds to an heir if the estate is still being administered? A: Yes. In North Carolina, a qualified executor may generally request the transfer before the estate closes. But the executor must first confirm that the bonds belong to the probate estate and that the heir is legally entitled to receive them. A surviving co-owner or named beneficiary may have rights…

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