Why would estate funds be listed in more than one account on an estate accounting? | NC

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Q: Why would estate funds be listed in more than one account on an estate accounting? A: Estate funds may be kept in separate fiduciary checking, savings, investment, or restricted accounts. Each account should be identified so the clerk can see where the money is held. However, all account balances must reconcile into one total for the estate’s remaining property. Moving money between estate…