When a deceased person (decedent) dies without a will (intestate) or the decedent’s will is found to be invalid by the probate court, the court may appoint an administrator to manage the estate, assets, and liabilities of the decedent. The administrator must be qualified or approved by the court and in some instances may be required to post a bond to secure the assets of the estate.
Upon appointment of an administrator by the probate court the court may issue letters of administration that authorize the administrator to administer the decedent’s estate by collecting amounts due to the estate, paying any outstanding debts of the estate, and distributing the assets of the estate in accordance with the state’s intestate succession laws.
Laws and procedures vary from state to state but an administrator—and the administrator’s administration of the estate—may be supervised or unsupervised by the probate court and may be with or without a bond required from the administrator.
In North Carolina, when a person dies without a will (intestate) or their will is deemed invalid, the probate court may appoint an administrator to manage the decedent's estate. This administrator must be qualified and is often required to be approved by the court. In some cases, the administrator may also need to post a bond to protect the estate's assets. The court issues letters of administration to the appointed administrator, granting them the authority to collect debts owed to the estate, pay the estate's outstanding debts, and distribute the remaining assets according to North Carolina's intestate succession laws. The administration of the estate by the administrator may be subject to varying degrees of court supervision, and the requirement for a bond depends on the specific circumstances of the estate and the administrator's qualifications.