What are our obligations for paying the mortgage and utilities on the inherited property during probate?

What are our obligations for paying the mortgage and utilities on the inherited property during probate? – North Carolina Short Answer In North Carolina, heirs receive title to a decedent’s real estate at death and are generally responsible for ongoing property expenses like the mortgage, taxes, insurance, and utilities. The estate does not have to…

Can we use the small estate procedure for a mortgaged house with minimal assets and how long would it take?: North Carolina Probate

Can we use the small estate procedure for a mortgaged house with minimal assets and how long would it take? – North Carolina Short Answer In North Carolina, you can use the small estate “collection by affidavit” to collect the decedent’s personal property if the net value of personal property is $20,000 or less and…

How do we appoint an estate administrator when there’s no will, and what bond requirements apply to out-of-state heirs?

How do we appoint an estate administrator when there’s no will, and what bond requirements apply to out-of-state heirs? – North Carolina Short Answer In North Carolina, the Clerk of Superior Court appoints an “administrator” for an intestate estate based on a statutory priority, with adult heirs (like children) near the top. If an out-of-state…

What steps do I take to establish my rights as next of kin when a beneficiary withdraws or cannot be located?: North Carolina probate guidance

What steps do I take to establish my rights as next of kin when a beneficiary withdraws or cannot be located? – North Carolina Short Answer In North Carolina, a beneficiary who “withdraws” can formally renounce the gift, and the share passes as if that person died before the decedent—often to alternate takers or next…

What is the creditor notice period in North Carolina for an out-of-state decedent’s real property?

What is the creditor notice period in North Carolina for an out-of-state decedent’s real property? – North Carolina Short Answer North Carolina’s creditor notice period only starts if a North Carolina personal representative is appointed and publishes notice to creditors. After letters are issued here, the representative must publish for four consecutive weeks and set…