How are estate debts handled if there is cash and a house? | NC

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Q: How are estate debts handled when the estate has a bank account and a house but no plan to sell the property? A: Estate debts are paid from estate assets in the legal order of priority — not just whenever a bill comes in. The personal representative must first collect assets, give notice to creditors, and review whether each claim was properly filed on time. Unsecured debts, like credit card…