How does the creditor notice period during probate in North Carolina affect my ability to sell an inherited property?

How does the creditor notice period during probate in North Carolina affect my ability to sell an inherited property? Detailed Answer When someone passes away in North Carolina, the personal representative (formerly called executor) must notify creditors of the estate. Under N.C. Gen. Stat. § 28A-18-3, the personal representative must: Publish notice in a newspaper…

Do I need to inform and obtain agreement from all interested parties before selling probate assets, or can I proceed without notifying them for minor sales?

Do I need to inform and obtain agreement from all interested parties before selling probate assets, or can I proceed without notifying them for minor sales? Detailed Answer In North Carolina probate administration, a personal representative must follow specific procedures when selling estate assets. Whether you must inform and secure agreement from every interested party…

How do I open a probate estate and legally transfer assets once I’m designated as the personal representative?

How to Open a Probate Estate and Transfer Assets in North Carolina Detailed Answer After a court appoints you as personal representative, you manage the estate, pay debts and distribute assets. North Carolina’s probate statutes guide each step. Follow this process to open the estate and transfer property legally. 1. File a Petition with the…

What should I do if I haven’t received my probate retainer agreement email in North Carolina and how long should I wait before checking my spam folder?

What Should I Do If I Haven’t Received My Probate Retainer Agreement Email in North Carolina and How Long Should I Wait Before Checking My Spam Folder? Detailed Answer When you hire an attorney to guide you through probate in North Carolina, the firm typically sends a written retainer agreement by email. This document explains…

How can I quickly reopen a deceased parent’s estate in North Carolina for a toxic water lawsuit settlement, and what documentation is required?

How to Reopen a Deceased Parent’s Estate in North Carolina for a Toxic Water Lawsuit Settlement 1. Detailed Answer If you closed your parent’s estate and now need to claim proceeds from a toxic water lawsuit settlement, North Carolina law lets you reopen the estate to collect and distribute these new assets. Here’s what you…

Why Did My Probate Fees Increase from the Originally Quoted Amount, and How Can I Negotiate Them?

Detailed Answer When you begin the probate process in North Carolina, you often receive an initial fee estimate. This estimate covers the personal representative’s statutory commission, attorney fees, court costs, and other disbursements. However, as your case evolves, the total cost can rise for several reasons: Statutory Commissions May Change: North Carolina law sets the…

Why might the vehicle title appear solely in my sibling’s name even though both of us are allotted a 50/50 share in the probate process?

Why might the vehicle title appear solely in my sibling’s name even though both of us are allotted a 50/50 share in the probate process? Detailed Answer In North Carolina probate, your 50/50 inheritance share represents your right to an equal portion of the estate’s total value. It does not require that every single asset…