What happens to a deceased parent’s share of a grandparent’s property when the parent dies before the property is sold? NC

What happens to a deceased parent’s share of a grandparent’s property when the parent dies before the property is sold? – NC Short Answer In North Carolina, a deceased parent’s inherited share usually does not disappear just because the parent dies before the grandparent’s property is sold. That share generally becomes part of the parent’s…

How can I confirm whether a deceased person had any other loans or accounts that the estate needs to address? NC

How can I confirm whether a deceased person had any other loans or accounts that the estate needs to address? – NC Short Answer In North Carolina, the personal representative usually confirms unknown loans or accounts by gathering the decedent’s financial records, reviewing mail and tax documents, checking credit history, and using the probate creditor-notice…

If the estate doesn’t have enough money to pay all creditors, what happens to medical bills and utility bills after the funeral expenses are paid? NC

If the estate doesn’t have enough money to pay all creditors, what happens to medical bills and utility bills after the funeral expenses are paid? – NC Short Answer In North Carolina, an insolvent estate does not pay bills in any order the executor chooses. After costs and expenses of administration, allowed funeral expenses, and…