If there is a will that divides the property differently than the petition says, how does that affect whether the house can be sold and how the proceeds are split? NC

If there is a will that divides the property differently than the petition says, how does that affect whether the house can be sold and how the proceeds are split? – NC Short Answer In North Carolina, a partition case can often still move forward even if the petition lists the ownership shares incorrectly. The…

What happens if one of the heirs has been living in the house for years without paying rent—does that change how the proceeds are divided? – NC

What happens if one of the heirs has been living in the house for years without paying rent—does that change how the proceeds are divided? – NC Short Answer Usually, not by itself. In North Carolina, one heir’s long-term use of a co-owned house without paying rent does not automatically reduce that heir’s share of…

What happens if real property is transferred from an estate and a trust to two beneficiaries who want separate ownership? NC

What happens if real property is transferred from an estate and a trust to two beneficiaries who want separate ownership? – NC Short Answer In North Carolina, once the deed places the property in two owners as cotenants, either owner can usually file a partition proceeding even if one owner holds title through a trust.…