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What Happens to Deposit Accounts During Probate? | NC

Pierce Law Group

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Q: What happens to a deceased person's deposit accounts during probate? A: In North Carolina probate, the first question is how the account was titled. If the account was only in the deceased person's name, and there was no payable on death beneficiary, it usually becomes an estate asset. After the clerk issues letters testamentary or letters of administration, the personal representative can…

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