What notice and paperwork should heirs or family members receive before an estate sells a home or condo? nc

What notice and paperwork should heirs or family members receive before an estate sells a home or condo? – North Carolina Short Answer In North Carolina, heirs and family members do not automatically receive a “closing packet” before an estate sells a home or condo. What they should receive depends on whether the personal representative…

How do we deposit and safeguard estate funds, and who is allowed to access or manage the estate account? nc

How do we deposit and safeguard estate funds, and who is allowed to access or manage the estate account? – North Carolina Short Answer In North Carolina, estate money should be deposited into a bank account titled in the estate’s name (not a personal account) and managed by the court-appointed personal representative (executor or administrator)…

What happens if a mortgage lender starts foreclosure after the homeowner dies and the family hasn’t been able to communicate with the lender? nc

What happens if a mortgage lender starts foreclosure after the homeowner dies and the family hasn’t been able to communicate with the lender? – North Carolina Short Answer In North Carolina, a homeowner’s death does not automatically stop a mortgage foreclosure. Most residential foreclosures proceed through a hearing before the Clerk of Superior Court, and…

What happens if I refuse to sign a consent or authorization my relatives are pushing during the estate process? nc

What happens if I refuse to sign a consent or authorization my relatives are pushing during the estate process? – North Carolina Short Answer In North Carolina, refusing to sign a “consent,” “waiver,” “authorization,” or “release” usually does not make an heir lose inheritance rights by itself. It often just means the personal representative (executor/administrator)…

Can we do an estate auction or clear out the home before the estate is opened, and how do we avoid disputes about who gets specific items? nc

Can we do an estate auction or clear out the home before the estate is opened, and how do we avoid disputes about who gets specific items? – North Carolina Short Answer In North Carolina, it is usually safest to wait until a personal representative (executor/administrator) is officially appointed by the Clerk of Superior Court…

Can I be reimbursed from the sale proceeds for property expenses I paid after the death, like utilities, maintenance, and repairs? nc

Can I be reimbursed from the sale proceeds for property expenses I paid after the death, like utilities, maintenance, and repairs? – North Carolina Short Answer Often, yes—under North Carolina probate practice, a personal representative can usually be repaid for reasonable, necessary out-of-pocket expenses that were properly incurred to preserve and sell estate property, but…