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Do sale proceeds from inherited property go to heirs first? | NC
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Q: Do sale proceeds from inherited property have to be paid into the estate before heirs receive their shares? A: Usually, no — not automatically. But the personal representative should not let the money be distributed until estate debts, costs, taxes, and creditor issues are addressed. If the estate might need the money, or if there is a dispute about who should receive a share, the safer…