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Can Property Expense Reimbursement Count as an Heir’s Share? | NC
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Q: Can a reimbursement for property expenses be treated as a distribution to an heir? A: Usually not. In a North Carolina estate accounting, repayment of a valid estate expense is generally recorded as a disbursement — even when the person receiving the reimbursement is an heir. What matters is the purpose of the payment, not the recipient’s identity. The personal representative should have…