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…

What evidence do I need to prove the deed transfer to the investor company was improper?: North Carolina

What evidence do I need to prove the deed transfer to the investor company was improper? – North Carolina Short Answer In North Carolina, you generally prove an estate-related deed was improper by showing the grantor lacked legal authority and that required estate procedures were not followed. Key proof includes the recorded deed, the estate…

Can I remain in the house during pending probate litigation against the decedent’s mother?: North Carolina

Can I remain in the house during pending probate litigation against the decedent’s mother? – North Carolina Short Answer Often, yes—at least until someone with legal authority requires you to leave. In North Carolina, heirs or devisees take title to real estate at death, but a court‑appointed personal representative (PR) can ask the Clerk of…