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Can family buy estate property to help pay expenses? | NC
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Q: Can personal property from an estate be appraised and then bought by family members so the estate can cover its expenses? A: Yes — often it can. If the items truly belong to the estate, the personal representative can value them and sell them for a fair price to raise money for valid estate expenses and claims. Family members may be able to buy those items, but the sale has to be handled…