Do paying the property taxes and maintaining the property help me claim a bigger share or get reimbursed when the title is sorted out? NC

Do paying the property taxes and maintaining the property help me claim a bigger share or get reimbursed when the title is sorted out? – NC Short Answer Usually, paying property taxes and maintaining inherited property in North Carolina does not automatically increase a co-owner’s ownership percentage. But those payments can matter when the court…

If my parent died without a will and co-owned a house with someone else, do the children inherit the parent’s share of the home? – NC

If my parent died without a will and co-owned a house with someone else, do the children inherit the parent’s share of the home? – NC Short Answer Usually, yes—but only if the parent owned a share that did not include a right of survivorship. In North Carolina, a deceased owner’s nonsurvivorship interest in real…

How do we divide inherited land when the will just says it goes to the grandchildren and doesn’t spell out who gets what? NC

How do we divide inherited land when the will just says it goes to the grandchildren and doesn’t spell out who gets what? – NC Short Answer In North Carolina, inherited land left generally to a group of grandchildren usually passes to them as undivided interests unless the will clearly gives each person a separate…

What happens to each heir’s share if the house goes through foreclosure instead of being sold voluntarily? NC

What happens to each heir’s share if the house goes through foreclosure instead of being sold voluntarily? – NC Short Answer In North Carolina, a foreclosure sale does not protect each heir’s share the way a planned sale might. The sale proceeds are applied first to sale costs, unpaid taxes and assessments, and the mortgage…