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Can a trust pay estate debts if the trust is the beneficiary? | NC
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Q: Can a trust pay estate debts if the trust is the beneficiary of the estate? A: Yes, sometimes — but the trust is not automatically responsible for the estate’s debts merely because it is the beneficiary. In North Carolina, the personal representative must first verify each claim and follow the legal order for paying estate expenses and creditors. The trustee must confirm that the trust…