How can I recover surplus sale proceeds from a foreclosure of estate property?: A North Carolina probate attorney explains

How can I recover surplus sale proceeds from a foreclosure of estate property? – North Carolina Short Answer In North Carolina, surplus funds from a completed power-of-sale foreclosure are deposited with the Clerk of Superior Court. An executor, heir/devisee, or junior lienholder can file a motion in the foreclosure case asking the clerk to disburse…

What personal property allowance am I entitled to as a surviving spouse under intestate rules and how does it affect distribution?: North Carolina probate answer

What personal property allowance am I entitled to as a surviving spouse under intestate rules and how does it affect distribution? – North Carolina Short Answer In North Carolina, a surviving spouse is entitled to a $60,000 year’s allowance from the decedent’s personal property. This allowance is typically paid before most creditor claims and before…

What assets do I need to include in the estate inventory and how can I locate missing life insurance or retirement accounts?

What assets do I need to include in the estate inventory and how can I locate missing life insurance or retirement accounts? – North Carolina Short Answer In North Carolina, list all probate assets owned in the decedent’s name alone—cash, bank accounts, vehicles, brokerage holdings, and any insurance or retirement benefits payable to the estate—valued…