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Probate Q&A Series ·

What inheritance rights do the descendants of my predeceased aunt or uncle have under intestacy?: North Carolina

What inheritance rights do the descendants of my predeceased aunt or uncle have under intestacy? – North Carolina Short Answer In North Carolina, if a child of the person who died (the predeceased aunt or uncle) died before the decedent, that child’s descendants inherit the share their parent would have received, by representation. In your…

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Probate Q&A Series ·

Is it possible to have a co-administrator or another oversight to guard against misappropriation?: North Carolina Probate

Is it possible to have a co-administrator or another oversight to guard against misappropriation? – North Carolina Short Answer Yes. In North Carolina, the Clerk of Superior Court can appoint co-administrators, require or increase a fiduciary bond, and order restricted estate accounts. The clerk also enforces required inventories and accountings and can remove a personal…

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Probate Q&A Series ·

Can I require the administrator sibling to distribute estate funds equally and transparently?: North Carolina

Can I require the administrator sibling to distribute estate funds equally and transparently? – North Carolina Short Answer Yes. In North Carolina, the personal representative (administrator) must act for the benefit of all heirs, file an inventory within three months, provide accountings, and distribute according to the intestacy rules or the will. If the administrator…

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Real Estate Q&A Series ·

What steps can I take if my mortgage servicer violates federal regulations on loss mitigation and loan assumption?

What steps can I take if my mortgage servicer violates federal regulations on loss mitigation and loan assumption? – North Carolina Short Answer In North Carolina, if a servicer recognizes you as a confirmed successor in interest but refuses loan assumption or loss mitigation, send a formal Notice of Error and Request for Information to…

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Real Estate Q&A Series ·

What recourse do I have if my realtor undervalued my property compared to comparable sales?: North Carolina Real Estate

What recourse do I have if my realtor undervalued my property compared to comparable sales? – North Carolina Short Answer In North Carolina, you can: (1) switch or terminate your listing under the contract’s terms; (2) file a complaint with the North Carolina Real Estate Commission for possible discipline; and (3) seek money damages in…

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How do I structure revocable and irrevocable trusts to protect my assets and limit liability while abroad?: North Carolina

How do I structure revocable and irrevocable trusts to protect my assets and limit liability while abroad? – North Carolina Short Answer In North Carolina, a revocable living trust helps you manage assets and avoid probate, but it does not shield your assets from your own creditors or personal liability. Liability protection generally requires an…

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Probate Q&A Series ·

What can I do if co-heirs are selling estate assets like the house or RV without my consent?: North Carolina Probate

What can I do if co-heirs are selling estate assets like the house or RV without my consent? – North Carolina Short Answer In North Carolina, co-heirs cannot unilaterally sell estate property. The personal representative (executor or administrator) controls estate personal property (like the car, RV, and furniture) and handles any sale. Real estate can…

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Probate Q&A Series ·

What legal steps can I take if co-heirs remove furniture or other property from estate assets without permission?: North Carolina Probate

What legal steps can I take if co-heirs remove furniture or other property from estate assets without permission? – North Carolina Short Answer In North Carolina, you can open or convert the estate to full administration and ask the Clerk of Superior Court to order the return of estate property. A verified petition in an…

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