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Do sale proceeds have to go to the estate first? | NC

Pierce Law Group

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Q: Do the proceeds from an estate property sale have to be paid to the estate instead of directly to an heir or family member? A: Usually, yes — the safer and more common approach is for the sale proceeds to be paid to the estate, or held under the personal representative’s control, until the probate process is far enough along. That is because the personal representative must protect the money,…

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