If the surviving spouse later dies, does their child inherit the property that originally belonged to my parent? NC

If the surviving spouse later dies, does their child inherit the property that originally belonged to my parent? – North Carolina Short Answer Usually, yes—at least as to the portion that passed to the surviving spouse. In North Carolina, when a parent dies without a will while still legally married, the surviving spouse typically inherits…

Can the surviving spouse appoint the adult child to handle the paperwork as the estate administrator without giving up any inheritance rights? NC

Can the surviving spouse appoint the adult child to handle the paperwork as the estate administrator without giving up any inheritance rights? – North Carolina Short Answer Yes. In North Carolina, a surviving spouse can sign a written renunciation of the spouse’s priority to serve as administrator and nominate an adult child to be appointed…

What can I do if the mortgage servicer is claiming I’m in default based on deferred payments that I believe were handled correctly?

What can I do if the mortgage servicer is claiming I’m in default based on deferred payments that I believe were handled correctly? – North Carolina Short Answer In North Carolina, the practical first step is to dispute the claimed default in writing and demand a complete payment history that shows exactly how the servicer…

Can a notarized form or paperwork to send a lump sum to our joint bank account override an old beneficiary designation? NC

Can a notarized form or paperwork to send a lump sum to our joint bank account override an old beneficiary designation? – North Carolina Short Answer Usually, no. In North Carolina, pension and retirement-related lump sums are typically paid to the person listed on the plan’s beneficiary designation on file, not based on where someone…

How does paying the mortgage affect who ends up owning the property after the estate process is finished? NC

How does paying the mortgage affect who ends up owning the property after the estate process is finished? – North Carolina Short Answer In North Carolina, paying the mortgage usually does not change who inherits or owns the property after the estate is finished. Ownership is determined by the deed (for example, survivorship ownership) and…