What do I need to confirm before listing a parent’s property in an estate sale?: Answer under North Carolina probate law

What do I need to confirm before listing a parent’s property in an estate sale? – North Carolina Short Answer In North Carolina, do not list a decedent’s real estate until you confirm who has legal authority to sell, who holds title, and whether any court order or personal representative (PR) joinder is required. Within…

How can I schedule and manage status updates with creditors on estate claims?: North Carolina guidance

How can I schedule and manage status updates with creditors on estate claims? – North Carolina Short Answer In North Carolina, the personal representative manages creditor claims on a set legal timeline: publish and mail required notices, track the claims bar date, review each written claim, and decide whether to allow or reject it. Schedule…

How do I respond to credit card claims filed against the estate during probate?: North Carolina Probate

How do I respond to credit card claims filed against the estate during probate? – North Carolina Short Answer In North Carolina, the personal representative reviews each credit card claim to decide whether to allow, reject, or negotiate it, and generally should not pay unsecured debts until the creditor claim period ends. Credit card debts…

What happens if the estate lacks enough assets to cover all creditor claims?: North Carolina probate

What happens if the estate lacks enough assets to cover all creditor claims? – North Carolina Short Answer In North Carolina, if an estate is insolvent (not enough assets to pay everyone), the personal representative pays costs of administration and statutory allowances first, then pays creditors by a strict statutory order of priority. Within the…