How do we pay off my grandparent’s remaining loan and back taxes before distributing sale proceeds?

How do we pay off my grandparent’s remaining loan and back taxes before distributing sale proceeds? – North Carolina Short Answer In North Carolina, you must open an estate and have a court‑appointed personal representative handle debts before distributing any sale proceeds. The representative publishes and mails a notice to creditors, then either seeks a…

What inheritance rights do the descendants of my predeceased aunt or uncle have under intestacy?: North Carolina

What inheritance rights do the descendants of my predeceased aunt or uncle have under intestacy? – North Carolina Short Answer In North Carolina, if a child of the person who died (the predeceased aunt or uncle) died before the decedent, that child’s descendants inherit the share their parent would have received, by representation. In your…

Is it possible to have a co-administrator or another oversight to guard against misappropriation?: North Carolina Probate

Is it possible to have a co-administrator or another oversight to guard against misappropriation? – North Carolina Short Answer Yes. In North Carolina, the Clerk of Superior Court can appoint co-administrators, require or increase a fiduciary bond, and order restricted estate accounts. The clerk also enforces required inventories and accountings and can remove a personal…

Can I require the administrator sibling to distribute estate funds equally and transparently?: North Carolina

Can I require the administrator sibling to distribute estate funds equally and transparently? – North Carolina Short Answer Yes. In North Carolina, the personal representative (administrator) must act for the benefit of all heirs, file an inventory within three months, provide accountings, and distribute according to the intestacy rules or the will. If the administrator…

What can I do if co-heirs are selling estate assets like the house or RV without my consent?: North Carolina Probate

What can I do if co-heirs are selling estate assets like the house or RV without my consent? – North Carolina Short Answer In North Carolina, co-heirs cannot unilaterally sell estate property. The personal representative (executor or administrator) controls estate personal property (like the car, RV, and furniture) and handles any sale. Real estate can…