What if an estate account is in someone else’s name? | NC

About this video

Q: What happens if an account believed to belong to an estate is listed under another person's name? A: In North Carolina, the account is not treated as an estate asset just because the estate believes the money belonged to the person who died. The key question is legal ownership at death. If the account was titled to another living person, a surviving joint owner, or a payable on death…