What is the process for enforcing or disputing an oral agreement about dividing the estate’s wrongful death proceeds?: North Carolina Probate

What is the process for enforcing or disputing an oral agreement about dividing the estate’s wrongful death proceeds? — North Carolina Short Answer In North Carolina, wrongful death proceeds are not estate assets and must be distributed by statute to the heirs who would take under intestate succession unless all competent adult takers sign a…

What is the process of selling a house in an estate facing foreclosure if the co-administrator refuses to sign?: North Carolina Probate

What is the process of selling a house in an estate facing foreclosure if the co-administrator refuses to sign? — North Carolina Short Answer In North Carolina, if a co-administrator will not sign to sell estate real estate, you can ask the Clerk of Superior Court to authorize the sale anyway. The personal representative files…

What type of assets must go through court administration and which pass directly to survivors?

What type of assets must go through court administration and which pass directly to survivors? — North Carolina Short Answer In North Carolina, property titled only in the decedent’s name (like a sole‑owner bank account, vehicle, or personal investments without a beneficiary) generally must go through estate administration. Many assets pass directly to survivors without…

If they sell my parents’ home and pay off all debts, does any leftover money get distributed under my dad’s will?

If they sell my parents’ home and pay off all debts, does any leftover money get distributed under my dad’s will? — North Carolina Short Answer Usually yes. In North Carolina, after a court-authorized or will-authorized sale of estate real estate, liens and allowed claims get paid first. The remaining net proceeds are then distributed…