How Do I Handle Creditor Claims Before Paying Heirs? | NC

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Q: How do I handle creditor claims in probate before distributing money to heirs? A: First, do not pay heirs yet. The personal representative should gather and value the estate assets, usually using date of death values for the inventory, then give proper notice to creditors and wait for the claim period to run. After that, review each claim carefully and pay valid debts, costs, and other…