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How do I show money I advanced to an estate was a loan? | NC

Pierce Law Group

About this video

Q: How do I show that money I personally advanced to an estate was a loan and not an estate asset? A: You show it by proving where the money came from, why you deposited it, and how the estate treated it. If the funds came from your personal non-estate source, they do not become estate property just because they passed through the estate account. Your records should clearly label the deposit as…

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