How Should Estate Sale Proceeds Be Handled If I Got Paid? | NC

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Q: How should proceeds from the sale of estate property be handled if I received the payment myself? A: If you received money from the sale of estate property yourself, you should usually turn over the full amount promptly to the estate so it can be deposited into the estate account and properly reported. Do not mix that money with your personal funds or hold it too long. Keep a clear record of…