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What options do I have to protect my primary home and a rental property from Medicaid estate recovery? NC

What options do I have to protect my primary home and a rental property from Medicaid estate recovery? – North Carolina Short Answer In North Carolina, Medicaid can seek repayment after death from a recipient’s “estate,” and the definition can reach certain assets that pass outside probate, including interests held through survivorship deeds and some…

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Probate Q&A Series ·

If I sell estate real estate to an heir for more than the mortgage payoff to cover estate costs, is that allowed as long as it’s properly documented? NC

If I sell estate real estate to an heir for more than the mortgage payoff to cover estate costs, is that allowed as long as it’s properly documented? – North Carolina Short Answer Yes—under North Carolina probate practice, estate real estate can be sold to an heir for more than the mortgage payoff, and the…

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Probate Q&A Series ·

Can I challenge transactions an agent made under a power of attorney before death if they closed accounts, changed beneficiaries, or retitled property? NC

Can I challenge transactions an agent made under a power of attorney before death if they closed accounts, changed beneficiaries, or retitled property? – North Carolina Short Answer Yes. In North Carolina, transactions an agent made under a power of attorney (POA) before the principal’s death can be challenged if the agent exceeded the POA’s…

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Probate Q&A Series ·

Can a reverse mortgage be paused while I prepare for a sale, and what proof does the reverse mortgage company need that a sale is in progress? NC

Can a reverse mortgage be paused while I prepare for a sale, and what proof does the reverse mortgage company need that a sale is in progress? – North Carolina Short Answer Under North Carolina law, a reverse mortgage typically becomes due after the borrower dies and the home is no longer the principal residence…

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Probate Q&A Series ·

What documents will the bank require to close a deceased person’s accounts and move the money into an estate account?

What documents will the bank require to close a deceased person’s accounts and move the money into an estate account? – North Carolina Short Answer In North Carolina, a bank usually requires (1) a certified death certificate and (2) proof of the personal representative’s authority, typically certified Letters Testamentary (executor) or Letters of Administration (administrator),…

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Probate Q&A Series ·

What documents or DNA evidence do I need to establish paternity for inheritance, and who covers the cost?

What documents or DNA evidence do I need to establish paternity for inheritance, and who covers the cost? – North Carolina Short Answer In North Carolina, paternity for inheritance is usually proven with a prior court order establishing paternity, a written acknowledgment of paternity that was properly signed and filed during the father’s lifetime, or…

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Probate Q&A Series ·

How do I get credit card statements and account records from a financial institution when I’m the trustee but they keep asking for a court authorization letter? NC

How do I get credit card statements and account records from a financial institution when I’m the trustee but they keep asking for a court authorization letter? – North Carolina Short Answer In North Carolina, a trustee usually gets trust-related account records by giving the financial institution written proof of authority, such as a certification…

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Probate Q&A Series ·

How do I get bank statements and records to figure out where money went from the decedent’s checking account after they became incapacitated? NC

How do I get bank statements and records to figure out where money went from the decedent’s checking account after they became incapacitated? – North Carolina Short Answer In North Carolina, a court-appointed administrator can usually obtain the decedent’s bank statements by making a written request to the bank and providing certified Letters of Administration…

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Probate Q&A Series ·

What documentation should the occupants provide if they want reimbursement for mortgage, taxes, or improvements after the owner died? NC

What documentation should the occupants provide if they want reimbursement for mortgage, taxes, or improvements after the owner died? – North Carolina Short Answer In North Carolina, occupants who want reimbursement from an estate after the owner’s death should be prepared to prove (1) what they paid, (2) when they paid it, (3) why they…

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