Does a mobile home count as real estate or personal property for inheritance, and how does that affect whether probate is required? NC

Does a mobile home count as real estate or personal property for inheritance, and how does that affect whether probate is required? – North Carolina Short Answer In North Carolina, a mobile/manufactured home can be treated as either personal property (like a titled vehicle) or as part of the real estate (an improvement to land),…

How do I claim unclaimed property that’s in my deceased parent’s name if I don’t have the account paperwork anymore? NC

How do I claim unclaimed property that’s in my deceased parent’s name if I don’t have the account paperwork anymore? – North Carolina Short Answer In North Carolina, unclaimed bank assets in a deceased parent’s name are usually claimed through the NC State Treasurer’s Unclaimed Property program by proving (1) the owner’s identity and death…

How do I transfer a house from a deceased parent’s trust into my name, and do I need my sibling’s consent if we’re both beneficiaries? NC

How do I transfer a house from a deceased parent’s trust into my name, and do I need my sibling’s consent if we’re both beneficiaries? – North Carolina Short Answer In North Carolina, a house held in a deceased parent’s revocable living trust is usually transferred by the successor trustee signing and recording a deed…

Can the personal representative or a family member handle the real estate sale instead of a court-appointed commissioner? NC

Can the personal representative or a family member handle the real estate sale instead of a court-appointed commissioner? – North Carolina Short Answer Yes, in many North Carolina estate sale proceedings the Clerk of Superior Court can authorize the personal representative (executor/administrator) to conduct the sale instead of appointing a separate commissioner. A family member…

How do I close an estate and get officially released from my responsibilities as the personal representative? NC

How do I close an estate and get officially released from my responsibilities as the personal representative? – North Carolina Short Answer In North Carolina, a personal representative is typically released by filing a proper Final Account (final accounting) with the Clerk of Superior Court, showing that estate debts and expenses were handled and the…