What happens if I renounce without naming anyone—who will the court appoint to handle the estate? nc

What happens if I renounce without naming anyone—who will the court appoint to handle the estate? – North Carolina Short Answer In North Carolina, if the named executor renounces and does not effectively nominate a replacement, the Clerk of Superior Court will appoint someone else to serve as the estate’s personal representative. If the will…

Can an executor be required to explain what happened to retirement accounts or other financial accounts that had no updated beneficiary listed? nc

Can an executor be required to explain what happened to retirement accounts or other financial accounts that had no updated beneficiary listed? – North Carolina Short Answer Yes. In North Carolina, an executor (personal representative) can be required to file a full inventory and accounting with the Clerk of Superior Court, and an interested person…

Can a court treat me like an adopted child for inheritance when my caregiver raised me but adoption never finalized? nc

Can a court treat me like an adopted child for inheritance when my caregiver raised me but adoption never finalized? – North Carolina Short Answer Sometimes, but not automatically. In North Carolina, an intestate estate (no will) normally passes only to legal heirs, including legally adopted children under the intestate succession statutes. If a formal…

How do I get court permission to sell a deceased relative’s house in probate to pay a Medicaid estate-recovery claim? nc

How do I get court permission to sell a deceased relative’s house in probate to pay a Medicaid estate-recovery claim? – North Carolina Short Answer In North Carolina, a personal representative usually gets court permission to sell a decedent’s house by filing a special proceeding with the Clerk of Superior Court in the county where…

Can a foreclosure be challenged or delayed if the lender didn’t properly notify the estate representative or follow the required process? nc

Can a foreclosure be challenged or delayed if the lender didn’t properly notify the estate representative or follow the required process? – North Carolina Short Answer Yes. In North Carolina, most residential foreclosures use a “power of sale” process that requires a filed notice of hearing and proper service on the parties entitled to notice,…

How should a settlement agreement for selling an inherited property address repairs, cleanup, and who pays the carrying costs while we get the home ready? nc

How should a settlement agreement for selling an inherited property address repairs, cleanup, and who pays the carrying costs while we get the home ready? – North Carolina Short Answer In North Carolina, a settlement agreement to sell an inherited home during a pending partition case should clearly allocate (1) who controls the work (repairs,…