Detailed Answer When you inherit real property in North Carolina that still carries a mortgage, the mortgage remains attached to that property through probate and any subsequent sale. Under North Carolina law, the decedent’s secured debts—including mortgages—must be handled before beneficiaries receive a clear title. Here’s how the process typically unfolds: 1. Identification of Assets…
What Are My Options When the Costs of a Property Partition Action Outweigh the Estate’s Available Equity in North Carolina? Detailed Answer When an estate holds real property and the expenses of partition—including appraisals, court costs, commissioner’s fees and attorney’s fees—exceed the property’s equity, pursuing a partition action under Chapter 46 of the North Carolina…
What Are the Steps to File a Partition Action in North Carolina? Detailed Answer Filing a partition action lets co-owners of real property ask the court to divide or sell land when they cannot agree on its use or disposition. North Carolina law governs partition actions under Chapter 46 of the General Statutes (see N.C.G.S.…
Detailed Answer 1. Life Estates for Surviving Spouses In North Carolina, a decedent can leave real property to a surviving spouse as a life estate. This interest gives the spouse the right to use, possess, and collect income from the property during his or her lifetime. To exercise this right, the surviving spouse must: File…
Detailed Answer In North Carolina, you need a probate attorney when the decedent’s connections to this State trigger either a primary or ancillary estate administration. You must open primary administration if the person died domiciled in North Carolina, regardless of whether they left real or personal property here. If the decedent lived out of State…
Understanding Reimbursement Hearings and Attorney Fee Allocations in North Carolina Probate 1. Detailed Answer When an estate in North Carolina nears distribution, the personal representative often seeks reimbursement for expenses and compensation for legal services. The Clerk of Superior Court oversees these requests. Below is an overview of the key steps, rules, and timelines you…
How to Obtain Letters of Administration in North Carolina When a Co-Executor Lives Out-of-State Detailed Answer When someone dies without a will or an executor is unable or unwilling to serve, North Carolina law lets the court appoint a personal representative to manage the estate. This appointment comes in the form of Letters of Administration.…
Who is responsible for commissioner’s fees and attorney fees in a North Carolina partition action? Detailed Answer Commissioner’s Fees When parties cannot agree on dividing real estate, they may sue for a partition action in North Carolina. The court appoints impartial commissioners to survey the land, value the tracts, and recommend how to split or…
Recovering Surplus Funds After a Tax Foreclosure Sale in North Carolina 1. Detailed Answer When a tax foreclosure sale produces money in excess of the taxes, interest, costs, and fees owed, North Carolina law requires the excess, or “surplus funds,” to be held for the person entitled to them. An heir who believes entitled to…
What Steps Are Required to Open and Complete an Intestate Estate in North Carolina When Someone Dies Without a Will? Step-by-Step Guide to Opening and Completing an Intestate Estate When someone dies without a valid will in North Carolina, they leave what is called an intestate estate. The court appoints a personal representative to administer…
