Legal Question in Wills and Trusts in North Carolina
what personal property is required to be listed when filing of inventory form aoc-e-505, GS.28A-21-1 for a deceased brother? and does it matter the dollar value example - tools - $400, furniture - $100, cars $3500 -
Asked on 12/09/10, 4:14 pm
1 Answer from Attorneys
Do you have the correct form? NC GS 28A-21-1 deals with filing an account, not an inventory. You have to list the types of property covered in the preliminary inventory. And yes, the dollar value matters. For a car, it is easy enough to find out its value. You can have it appraised by a car dealer or go online to any number of sites and get an approximate value. What kind of tools are we talking about? Furniture? You just cannot make up a number that is totally unrealistic. $100 for furniture seems very low.
Answered on 1/13/11, 1:36 pm
Related Questions & Answers
-
Is there a time limit for probating a will in north carolina? Asked 12/02/10, 6:00 pm in United States North Carolina Probate, Trusts, Wills & Estates
-
Can i remove money from my deceased brother's bank account Asked 11/26/10, 2:15 pm in United States North Carolina Probate, Trusts, Wills & Estates
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
