What information and documents should I gather before contacting a North Carolina probate attorney?

Gathering Information and Documents for Your Probate Consultation Detailed Answer Before you contact a probate attorney in North Carolina, collect key data and records. This step helps your attorney assess your case quickly and accurately. You’ll save time and avoid follow-up calls. Personal and Family Information Full names and addresses of the decedent and heirs…

How Can I Retain an Inherited North Carolina Home in Probate Without Selling It to Settle Creditor Claims?

How Can I Retain an Inherited North Carolina Home in Probate Without Selling It to Settle Creditor Claims? 1. Detailed Answer In North Carolina probate, creditors may file claims against the estate to recover debts. If the estate lacks sufficient cash or other assets, the personal representative may need to sell real property—including an inherited…

How can I assume an SBA disaster loan as the administrator of my deceased parent’s estate?

How Can I Assume an SBA Disaster Loan as the Administrator of My Deceased Parent’s Estate? Detailed Answer When a borrower dies, the U.S. Small Business Administration (SBA) does not automatically cancel a disaster loan. The estate’s personal representative—in North Carolina commonly called an administrator—may step into the borrower’s shoes and assume responsibility for the…