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NC AOC-E-506 2014 4.8 Satisfied (48 Votes)
NC AOC-E-506 2012 4.4 Satisfied (69 Votes)
NC AOC-E-506 2001 4 Satisfied (39 Votes)
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Assets need to be valued at their open market value. This is the price the asset might reasonably fetch if it was sold on the open market at the time of the death. This represents the realistic selling price of an asset, not an insurance value or replacement value.
If you want to file a motion, the process is generally something like this: You write your motion. You file your motion with the court clerk. The court clerk inserts the date and time your motion will be heard by the judge. You serve (mail) your motion to the other side.
Within three (3) months from the date of qualification, the personal representative must file with the Clerk of Superior Courts office an accurate inventory of the estate, giving descriptions and values of all real and personal property of the decedent as of the date of death.
Section 28A-19-1 - Manner of presentation of claims (a) A claim against a decedents estate must be in writing and state the amount or item claimed, or other relief sought, the basis for the claim, and the name and address of the claimant; and must be presented by one of the following methods: (1) By delivery in person
On the 90-day inventory form, you will need to list the following information: The decedents county of residence. The decedents name. Any accounts in the sole name of the decedent and their value. Any joint accounts, the percentage the decedent owned, and their value.
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The Internal Revenue Service rules set the FMV as the average of the highest and lowest selling price on the date of death. If the security is thinly traded, executors can use the securitys sale price on a date reasonably close to deceaseds death.
Section 28A-19-1 - Manner of presentation of claims (a) A claim against a decedents estate must be in writing and state the amount or item claimed, or other relief sought, the basis for the claim, and the name and address of the claimant; and must be presented by one of the following methods: (1) By delivery in person
All you need to do is to file one simple form with the court. You can get a fill-in-the-blanks form, called an Affidavit for Collection of Personal Property of Decedent, from the court clerks office or the North Carolina courts website.
Review and follow the steps below to gain access to the Courts electronic filing system. Step 1: Determine whether you meet the technical requirements for e-filing. Step 2: Ask for permission from the judge. Step 3: Register with PACER. Step 4: Activate Your E-Filing Privileges in the Courts Filing System.
Filing the Documents Take the original and two (2) copies of the Motion to the Civil Division of the Clerk of Superior Courts office in the county where your case is filed. The Clerk will stamp each Motion filed, place the original in the Court file and return two (2) copies of the filed document to you.

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