Legal Question in Consumer Law in North Carolina

My husband and I have two properties, one with a mortgage and the other is on an equity loan. Total $285,000 owed. House is valued at $310,000. One sibling lived in the equity property and paid rent most of the the time the last 4 years, the other has put in repairs and equity in the main home, valued about $8000. We want to leave the properties between the two, but our son who worked on our home wants to own it. How do I split the assets so it will be equal? Lots of antiques and personal items owned in primary property. Son thinks he gets the main house for what we owe, but I think it should be appraised. how do we do this?


Asked on 12/18/13, 6:38 am

1 Answer from Attorneys
Kenneth Love Ken Love Law

There are a million ways you can do this based on what YOU want, not what everyone else wants. You should speak to a wills and estates attorney so you can make sure your property is transferred or willed to the family members as you want.

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Answered on 12/18/13, 7:37 pm


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