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What is the proper way to document and pay a creditor settlement? | NC
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Q: What is the proper way to document and pay a creditor settlement from estate assets during probate? A: The safest approach is to treat the settlement as an estate obligation and build a clean paper trail from start to finish. First, make sure the creditor claim is properly presented and that you, as the personal representative, are allowing it or otherwise resolving it as a claim against the…