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Can an administrator use estate property for expenses? | NC
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Q: Can an estate administrator use personal property from the estate to reimburse out-of-pocket estate expenses? A: Yes — but the administrator cannot simply take estate items, keep them, or hand them to an heir at a self-selected value. The property must actually belong to the estate, and it must be identified, fairly valued, and reported in the estate accounting. Reimbursement is only proper…