Pierce Law Group | Estate Administration Lawyers North Carolina
North Carolina Probate and Estate Administration Lawyers
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What if an estate account earned no interest? | NC

Pierce Law Group

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Q: What happens if an estate account did not earn interest and no tax form was issued? A: If an estate checking account earned no interest, the bank usually will not issue a separate interest tax form for that account. The personal representative should keep the monthly bank statements showing no interest, and use those records to support the estate accounting filed with the Clerk of Superior…

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