Can Heirs Be Required to Return an Early Distribution? | NC

About this video

Q: Can heirs be required to return part of an early distribution if the estate needs the money? A: Yes. In North Carolina, an heir may have to repay part of an early distribution if a signed refunding agreement requires it, or if contribution or another legal rule applies. Before making a partial distribution, the personal representative should keep a reasonable reserve for valid claims, taxes,…