Asheville, NC asked in Estate Planning for North Carolina

Q: An executor sold estate furniture and buyer put executor name on check. He deposited into estate account. Legal?

The buyer put the executor name on the check and the executor deposited the check into the estate account. The bank did process the check into estate account. Will this pass the clerk of court.

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2 Lawyer Answers
Nina Whitehurst
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Answered
  • Estate Planning Lawyer
  • Crossville, TN

A: That is very typical and quite legal.

Robert P. Taylor
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Answered

A: That's how it's supposed to work usually. All receipts are deposited in the estate account, all expenses are paid out of the estate account and then the end what's left over is distributed to the beneficiaries.

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