How do I administer an intestate estate and recover expenses without next of kin in the State of North Carolina?

How do I administer an intestate estate and recover expenses without next of kin in the State of North Carolina? 1. Detailed Answer Administering an intestate estate—that is, an estate where the decedent left no will—requires you to follow North Carolina’s probate procedures under Chapter 28A of the North Carolina General Statutes. When no next…

Appointing a Personal Representative and Handling Life Insurance in North Carolina Probate

Appointing a Personal Representative and Handling Life Insurance in North Carolina Probate 1. Detailed Answer When someone passes away in North Carolina, their estate often goes through probate. Two key issues often arise: appointing a personal representative and managing life insurance proceeds. A personal representative (PR) acts like a project manager. They gather assets, pay…

How do I recover foreclosure surplus funds and request attorney fees in North Carolina special proceedings?

How to Recover Foreclosure Surplus Funds and Request Attorney Fees in North Carolina Special Proceedings Detailed Answer When a foreclosure sale produces more money than the total debt and costs, North Carolina law allows former owners or junior lienholders to claim the surplus. These claims proceed as a special proceeding under Article 16 of Chapter…