Legal Question in Wills and Trusts in North Carolina

In NC, the heirs will generally inherit the house subject to the mortgage. If they want to keep it, they do not have to qualify or refinance but keep paying for it. Don't will the house to all of the children unless they all want it. Some may or may not want it. You should figure out who does want it and leave it to that child and direct that they buy out the equity value of the shares of their siblings. Or you can provide that the housee will be sold if nobody wants it.

I handle estate plans for NC residents statewide. Please contact my office if you would like me to assist you for a reasonable fee.

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