What if an executor lacks receipts for estate withdrawals? | NC

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Q: What happens if an executor cannot provide receipts for estate account withdrawals? A: Under North Carolina law, an executor is a fiduciary. That means the executor must be able to explain where estate money went and why the payment was for the estate. Each withdrawal should be tied to a date, amount, payee, purpose, and supporting proof. A missing paper receipt does not always mean the…