I would assume the Public Trustee or the Bank would have to auction the goods off either with or separate from the house and the proceeds would go towards repayment of the loan.
Yes. They sign a deed conveying their interest in the house to the wife.
When foreclosing on a house, the bank first looks at the person's saving and checking account. Then, the bank has the right to seize any properties before foreclosing on the house.
Yes, contents can generally be removed from a deceased person's house before a will is filed with the court, but it’s important to proceed with caution. If you're a family member or heir, it’s advisable to wait until the will is probated to avoid potential legal issues. Removing items without proper authorization may lead to disputes among heirs or claims of theft. Consulting with an attorney can help clarify your rights and responsibilities in this situation.
Yes, The Heirs can buy the policy or the Estate executor can buy a home insurance policy.
It really depends upon the contents of a will and how the property is titled under the wording of the deed. Generally property held jointly passes directly to the other owners and is not subject to probate action. In a case such as noted, the deceased share of the property will likely be passed automatically to the surviving owners under the state's Joint Tenants With Right of Survivorship (JTWRS) laws.
Generally, yes. You and siblings would receive your deceased parent's share UNLESS your grandmother's will specified that if any of HER children were deceased then their share would go to THEIR surviving siblings. You should have received notice of the probate proceeding as heirs at law. Title to the house will not pass to the heirs until the estate has been probated. You should call the attorney who is handling the estate to ascertain what your interest may be.
In North Carolina, if there is a will, the house will be inherited according to the terms specified in that will. The deceased spouse can designate a specific heir or heirs to receive the property. If the will does not explicitly mention the house, it may be included in the overall estate, and the executor will distribute it according to the will's instructions. If the deceased did not have a will, the house would be distributed according to North Carolina's intestacy laws.
The grandmother's estate must be probated so that title to the real estate can pass to the heirs. Then the legal owners can have any trespassers removed from the premises.
What if there was a will and the house was deeded to the wife what about the contents of the house?
Yes, if someone passes away without a will, their property will be distributed according to state law through a process called intestate succession. This means the house would be inherited by the deceased person's heirs as determined by the state's laws of intestacy.
Yes. The estate must be probated in order for title to the real estate to pass to the heirs legally.
In general, no - the medical debt is included in the estate of the deceased. Therefore, if the deceased has any assets (house, car, jewelry, etc.), these items would be sold and the proceeds would have to pay off the outstanding debt prior to any heirs collecting the money.