Pierce Law Group | Estate Administration Lawyers North Carolina
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How do I divide an estate account if interest keeps accruing? | NC

Pierce Law Group

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Q: How do I divide the final balance of an estate account when interest is still accruing up to the day the account is closed? A: Usually, you should wait until the bank confirms the exact closing balance — including all interest posted through the closing date — before making the final split. Then subtract any proper estate expenses, approved reimbursements, and bank charges, and divide what is…

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