Back to the article
Video guide
Can I get in trouble for using estate funds on foreclosure? | NC
About this video
Q: Can I get in legal trouble for using estate account funds to keep inherited property out of foreclosure? A: Yes. In North Carolina, an estate administrator is a fiduciary, which means estate money must be used for proper estate purposes, documented carefully, and handled fairly for all heirs and creditors. A mortgage payment might be defensible if it protects equity for everyone, deals with a…