How do I document and recover carrying costs paid on co-owned inherited property?: North Carolina law

How do I document and recover carrying costs paid on co-owned inherited property? – North Carolina Short Answer In North Carolina, a co-owner who pays necessary carrying costs (like property taxes, insurance, and essential repairs) can usually recover the other co-owner’s share as a credit in a partition case or through an equitable accounting. You…

Will I still inherit the remainder interest in the home after the life tenant passes if the probate was closed without transferring the title?: North Carolina

Will I still inherit the remainder interest in the home after the life tenant passes if the probate was closed without transferring the title? – North Carolina Short Answer Yes. In North Carolina, when a will is probated, title to devised real estate vests in the named beneficiaries by operation of law and relates back…