North Carolina Affidavit For Collection Withholding
Description
How to fill out North Carolina Small Estate Affidavit For Collection Of Personal Property Of Decedent Intestate - Testate?
How to locate professional legal documents that adhere to your state guidelines and draft the North Carolina Affidavit For Collection Withholding without seeking an attorney's assistance.
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FAQ
A North Carolina small estate affidavit is a document that allows an individual to petition for all or a portion of a deceased person's estate. The petitioner, or affiant, can only use this affidavit if they have a lawful claim to the estate.
To summarize, the executor does not automatically have to disclose accounting to beneficiaries. However, if the beneficiaries request this information from the executor, it is the executor's responsibility to provide it. In most cases, the executor will provide informal accounting to the beneficiaries.
A Collection by Affidavit is available for a small estate whether the decedent dies intestate (without a will) or testate (with a will). The affiant, or person who makes the affidavit, can be the public administrator or the decedent's heir, creditor, executor, or devisee.
As mentioned above, North Carolina law provides protections for creditors when someone dies, giving them 90 days from the publication of the notice to creditors to file claims against the estate for payment.
