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What Happens if the Only Known Account Was Closed? | NC

Pierce Law Group

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Q: What happens if the only account we knew about was closed before the decedent passed away? A: A closed account does not automatically mean there is nothing to probate... but the old account itself usually is not a current estate asset. The key question is where the money went before death, and whether the decedent still owned it at death. The personal representative should get records showing…

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