Can a law firm hold estate sale proceeds in trust? | NC

About this video

Q: Can a law firm hold estate sale proceeds in trust until possible claims or liens are resolved? A: Usually, yes... but only temporarily and for a clear probate reason. The safer approach is for the proceeds to stay under the personal representative’s control through the estate, not sit indefinitely in a law firm trust account. If creditor claims, estate expenses, liens, or other payment issues…