What steps are required to sell inherited property through probate to cover estate debts?: North Carolina

What steps are required to sell inherited property through probate to cover estate debts? – North Carolina Short Answer In North Carolina, the personal representative (executor or administrator) must determine that selling the real estate is in the estate’s best interest, then file a special proceeding with the Clerk of Superior Court in the county…

What is the yearly allowance in probate and how does it protect my personal belongings?: North Carolina

What is the yearly allowance in probate and how does it protect my personal belongings? – North Carolina Short Answer In North Carolina, the “year’s allowance” sets aside part of a decedent’s personal property for a surviving spouse ($60,000) and qualifying children (generally $10,000 each for decedents dying on or after March 1, 2024). It…