How Do Heirs Buy Out a Spouse’s Share of Estate Property? | NC

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Q: How do heirs finalize an agreement to buy out a surviving spouse’s share of a house and land in an estate? A: In North Carolina, the heirs should first confirm exactly what interest the surviving spouse has. That may come from a will, intestate succession, an elective share claim, or the deed to the property. Once the share is clear, the family agreement should be put in writing. The…