Denise Knows Probate! The emotional weight of grieving for a departed spouse can make an estate settlement challenging to manage. It is helpful for the surviving spouse to understand their marital rights in property and inheritance when they begin to deal with estate matters. Surviving spouses in North Carolina are guaranteed certain legal protections, including monetary support and a portion of marital assets. Let's look at the property rights of the surviving spouse in North Carolina. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Property rights of the surviving spouse when there is no will North Carolina intestate succession laws dictate what happens to a person's property when they die without leaving a will (i.e., intestate). These statutes allow a surviving spouse to receive a portion of the deceased's estate. The amount of the inheritance depends on if the decedent also had surviving parents, children and whether the estate is real or personal property. Although common law marriage grants a lifelong companion certain legal protections and benefits, North Carolina law does not recognize such unions. The surviving spouse must be legally married to the deceased at their death to claim spousal rights. Suppose a couple is legally separated at the time of death. In that case, the surviving spouse does not receive any of the assets. Also, like other heirs under the Act, a surviving spouse must outlive the deceased spouse by 120 hours (5 Days) to gain property rights. The amount of the inheritance that the surviving spouse can get is determined by the following criteria: If there are no living children, grandchildren, or parents, the surviving spouse will inherit all of the decedent's estate, both real and personal. If the deceased had no surviving children or grandchildren but at least a living parent, then the spouse gets half of the real estate. The spouse also receives the first $100,000 plus half of the balance of the personal property. The surviving spouse is eligible to half of the real estate and the first $60,000 plus one-half of the balance of the personal property if there is only one surviving child or grandchild. The surviving spouse gets one-third of the real estate and the first $60,000 plus one-third of the balance of the personal property if the deceased left behind more than one child or grandchild. Property rights of the surviving spouse where there is a will A spouse cannot be disinherited under North Carolina law. Hence, if left out of a will, the surviving spouse can override the will and claim an elective share of the estate. A prenuptial agreement, however, could invalidate the surviving spouse's claim to an elective share. In North Carolina, a surviving spouse has six months from the issuing of letters of administration in conjunction with a will to make a claim for an elective share. Otherwise, the right is forfeited. All non-probate assets that go to a spouse apart from a will, such as insurance or joint property holdings, are factored into the elective share. In addition, according to the law, the elective share is determined by the length of the deceased spouse's marriage and is as follows: If the marriage lasted less than five years, the surviving spouse is entitled to fifteen percent of the total net assets. The surviving spouse is entitled to 25 percent of the total net assets if the couple was married for at least five years but less than ten years If the marriage lasted for between 10 years and 15 years, the surviving spouse is entitled to 33% of the total net assets. For a marriage that lasted more than 15 years, the surviving spouse receives 50% of the deceased total net assets. The Spousal Year's Allowance For the first year after a spouse's death, North Carolina law (N.C.G.S. 30-15 through 30-33) provides financial support for the surviving spouse. This provision is called a "year's allowance." The surviving spouse has a year from the decedent's death to apply for this benefit through the Clerk of Court. The value of the year's allowance is $60,000 and is only applicable to the deceased non-real estate property. The allowance is added to the surviving spouse's intestate portion if the decedent dies without a will. On the other hand, if the deceased left a will, the allowance will be subtracted from the surviving spouse's inheritance. Summary According to state law, a spouse in North Carolina has a right to an inheritance due to marriage. Provisions for spouses include elective shares, intestate rights, and the year's allowance. Thus, North Carolina law safeguards the property rights of the surviving spouse regardless of whether or not there is a valid will. Conclusion In the matter of surviving spouse rights in North Carolina, I highly recommend you speak with a probate or estate planning attorney to receive accurate information that is specific for your situation. Also, if you are in need of selling a home that has been included in probate or inherited, feel free to give me a call. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.

One of the scariest things about living in beautiful parts of the world is the extreme climates and frequent storms. Whether you live in Florida, facing seasonal hurricanes and storm surges or in some of the central states in the heart of Tornado alley, it can be rather terrifying making sure everyone you love is safe with the looming possibility of having to evacuate. If you have enough time to protect your home, there are several steps you can take to ensure it's ready for the worst. In this article, we will share some quick and easy ways you can protect your home in a storm. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Check your roof Obviously, some storms that mother nature brings our way can not be avoided and unfortunately, we may not be able to take any measures to stop carnage and destruction. However, most of the time with a few simple steps you can greatly decrease damage to your house and home. Your roof's integrity is at risk at any time but especially during a storm of strong winds and heavy rain. Check for any damage beforehand, and if it looks ok you can do a little extra by sealing the chimney or vent pipes. This is a great way to limit water from seeping into your house. By cleaning your guttering and downspouts you help the heavy rainfall flow nicely into the drainage area. If not, it can flow over the side into areas of the house’s foundation which can create flooding and chances are the water will again find its way into your home. Seal the doors and windows Wind coming directly at your house will be pushed up, potentially lifting your roof, meaning rainfall coming into your home. Sealing the doors and windows can prevent water and wind from entering into any cracks, and entry points and forcing the wind in different directions. You can even make your own DIY storm shutters with ¾ inch marine plywood or metal storm panels. It is very important that these panels overlap each side of the window by 4 inches. Great for hurricanes and any storm with very strong winds. Clean up outside Anything in your yard is a potential projectile that may fly toward your house during the apex of the storm. Make sure you trim any trees with loose or dying limbs. Tie down any large garden furniture or items such as doghouses, boats, flowerpots, swings, etc. Trashcans and the like need to be secured or put in the garage to prevent them from flying at high speeds toward your house or a neighbors. To help your home against floods place sandbags outside of your home. Stacking them up to build a wall to stop the water from finding its way into the crevices and cracks in the foundation of your home. Preparing the inside of your home If you live in the colder part of the country where cold winters are a big factor for you and your home, there are a few things that can be done to help before the bad weather approaches. It is a good idea to have snow shovels and other equipment handy to remove snow in the aftermath. Having some rock salt somewhere is also a good idea to melt the ice on walkways, steps, and driveways. Insulating the attics, basements, and walls can help heat your home more effectively, as well as putting plastic over the windows. Power outages are notorious in winter storms so keeping warm is essential in such extreme weather. Conclusion It is good to always have some of this in store just in case a storm hits and you do not have time to go to the store to get some . In the situation that there is a flash flood or storm approaching it is just a matter of putting up the shutters and bringing in potential projectiles. Preparation goes a long way and even if you only have to use them once in a blue moon it is worth being prepared when you are protecting yourself, your family, and your home. Be safe. Be ready. If you have an inherited home, a probate home, or just a home you are wanting to sell, give me a call, and let's discuss the best options to get your home sold quickly and for the most money. I look forward to speaking with you. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice. Learn More: Using Paint Primer To Improve The Look of Your Inherited Home Can I sell my inherited house before probate is completed in NC? 7 Important Things You Need To Know: Inherited Property

Is there any point in using paint primer to improve the look of a house? It seems like we use it out of habit because we have been told to buy it and use it, but why do we go through these motions? Is it needed? And if so, why? The quick answer is yes, we do need it. In this article, we will discuss different types of primers and the best ways to apply them. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Why we need a paint primer to improve the look of my inherited property If you are looking for the best results and want to do a proper job of painting your walls then make sure you use a primer. The reason primer is so important in the painting process is it helps produce a clean even coat which then seals the wall. This absorbs into the wall preventing moisture to build up. There are different primers for different solutions. Let’s focus on three. Stain-blocking primers Stain-blocking primers are self-explanatory, it helps block potential stains seeping through your paint job. Sometimes you may notice rust, grease, and residue creep through. This primer helps fight against that. Barrier primers For bathrooms, you would want to use vapor barrier primers to keep moisture passing through the walls exterior. Otherwise, you could notice damage to the wall’s insulation and the paint on the exterior of the wall. Bonding primers If you have a very glossy and slick surface the best primer to use is a bonding primer. Bonding primer is essential for the paint to adhere to the walls and prevent mildew and dampness from building up in bathrooms and kitchens. Using primer correctly Now we understand primers, the question is how do we use them? Always use primer on interior walls as it will help the paint stick and bring down the number of coats you will have to apply. When using the roller try to go from floor to ceiling applying an even coat and don’t leave any bare patches as this can affect your final color of paint, as well as the depth and texture of the coat. When using a handheld paintbrush to fill in those little gaps make sure you use the primer with long smooth strokes. Then go over it in different directions to spread and even out the primer. For any difficult areas, just use the tip of the brush. How much primer do I need? For most projects, a gallon should be enough to finish most painting jobs. However, it never hurts to have a little more just in case. Make sure you allow the primer to dry completely and you should give the base coat around 4 hours to set. At this point, the primer should be dry before you commence applying any more coats of paint. For this reason, many people will apply a primer in the afternoon or evening and then finish up painting the next morning knowing that it has had plenty of time to dry. If you don’t allow enough time for the primer to dry and you begin to paint over wet or moist primer it can cause smudging. This will ruin your coat. If you decide to leave the air conditioning on or leave a window open this will help the primer dry a little quicker. The key here is to be patient and not watch the paint dry but let it dry! Conclusion Now we are a little more educated on paint primer let's get to it and see those results for ourselves. Good luck and get painting! If you need help selling a home you inherited or a home that has been included in the probate process contact me or give me a call today. I'll be glad to share my expertise with you! [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice. Learn More: Kitchen Maintenance - Boost the Value of Your Probate Home with these 7 Tips 9 Tips to for painting walls in your inherited home What things should I fix in my inherited house before I sell it? How a Probate Real Estate Agent Can Help You Sell Your Property?

If you are looking to sell a home you inherited or that's been included in the probate process you want to pay special attention to certain rooms in the house. Since some feel that the kitchen is the heart of the home, this may be the area that you want to include in your budget for maintenance and repair. Here’s a checklist for you to prepare the kitchen to make a great impression, which will help you get top dollar for the house. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Fix the Flooring The floor along with the walls can set the mood of the room faster than anything else. You want to use this resource to get the buyers interested and not chase them away. Buyers will not consider your home if the kitchen’s floor looks worn out and damaged. Consider installing new flooring or just thoroughly clean the one already in place. Install Kitchen Backsplash Installing backsplash is a great way to give your kitchen an extra bit of finishing touch while making a good impression on the buyers. You have beautiful options to choose from. There’s the glass tiles, stone tiles, stainless steel sheets, paint designs, and wallpaper. With the right choice of backsplash, you can make the kitchen a beautiful place to be in. Rejuvenate the Cabinets Painting the cabinets and making them look and smell fresh can make things better. Think about it, the cabinets take a lot of space in the kitchen. You can make this space look new, and the whole kitchen will look new also. They just have to match the general aesthetic feeling of the kitchen. Repair Leaky Faucets Showing a kitchen with leaky faucets does not speak good about the kitchen, and the house in general. It is a bad impression to make and can devalue the home. It makes the home feel ‘unready’. The sound from the leaky faucet is annoying, so get it fixed or replaced by a plumber before showing it to buyers. Upgrade Lighting Fixtures Add class and beauty, and increase the value of the home at the same time when you upgrade the lighting fixtures. Replace outdated fixtures and install new ones. You can take a kitchen from dim and dull to sharp and exciting with the right lighting. Redo the Walls Remember the walls and flooring go hand in hand in setting the general mood of a room. When fixing the floor, redo the walls too. A nice coat of paint can really change the feel of the home. If you are unsure what color you should chose ask the salesperson in the paint department which color seems to be the most desirable. Repair the Sink An aging sink is sad to look at. Think of all those stains and sometimes rust. Who would pay a high amount for a home with a sink that’s seen better days? If you want the value of your home to be where you want it to be (assuming: high), then get the sink repaired or replaced. Kitchen Maintenance Conclusion You don’t need to spend a lot of money on this checklist. Just make these parts of the kitchen look new again. When you carry out kitchen maintenance in such a way that the buyers love the kitchen immediately when they see it, you can recover the money you spent on it. If you are planning on selling a home that you have inherited or a home that is included in the probate process let's discuss what you need to do to get top dollar for the home. If wanting to sell it as is I'll show you how to quickly get a cash offer for the home. Call me today, I'll be glad to speak with you and share my expertise. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice. Learn More 24 Things You Need to Know About Selling a House in Probate in NC What things should I fix in my inherited house before I sell it? Can I sell my inherited house before probate is completed in NC?

If you are hoping to receive top dollar for the home you inherited one of the most important things you can do is painting the walls to improve the look and feel of the house. Many people make common mistakes when first painting and decorating. One of them is sacrificing on investing in quality tools and paint. It may be a little more expensive, but the results are worth it, considering this could truly motivate buyers to want to purchase the home quickly. In this article we will share some things you can do to make your walls look more attractive and draw the attention of future buyers. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. First tip for painting walls - you need some paint. Never that simple though is it? Choosing paint can be a rather daunting procedure, just because of the amount of choices on the market. The color and style will change the whole mood of the room, so it must fit in with the theme but also to the character of the house and the owner. Even if it takes a long time to choose the right color, I advise to go for a high-quality paint with eggshell or semi-gloss for the best finish. A great tip I have learned is to use flat and angled paint brushes, as they tend to apply paint more evenly. Make sure when purchasing your paint, you add in 10% extra for waste. Paint the trim first This is what the pros will always tell you. It just makes so much sense, and yet so many homeowners going at it alone decide not to listen to this advice and regret it straight away. By painting the trim first, it doesn’t matter too much if you make mistakes, it can be corrected and covered up with ease. When the paint has dried you can then tape it up and have no worries about drops of paint going over your beautiful trim. Simple and effective. Yes, it might sound crazy but it’s true. Check the weather forecast Another smart tip for painting walls, check the weather before painting inside. The truth is, the weather outside can really affect your paint job, practicality and time. Wet and humid days will mean spending longer time watching paint dry. And you will need to open the windows while you are painting, for better ventilation. Open windows and rain don’t match very well as I found out the hard way. Prep first by cleaning the surfaces, repair any defects and make sure radiators or other areas are covered and protected. Then prime if need be, and this is the time to trim. If you have found any cracks by shining a bright light on the walls you can use caulk to fill in any of those gaps where needed. Lastly, always paint the ceiling first to avoid drips and drops on your walls. Use the roller to paint the walls and then you are well on your way to creating a beautiful home and attracting future home buyers. Conclusion I hope this have helped to give you some ideas when it comes to painting! If you have any questions or concerns selling your inherited home then please reach out to me. I will be glad to share with you more tips and advice to getting your home sold for top dollar and if it you just want to sell the house as is, we can discuss ways to get a quick cash offer on the home. I look forward to hearing from you. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice. Learn More What things should I fix in my inherited house before I sell it? Can I sell my inherited house before probate is completed in NC? 5 Things You Need To Know Before Selling Your Inherited Home in NC

Are you thinking of selling a house you inherited? If so, you may be asking yourself "What things should I fix in my inherited house before I sell it?" Whether it’s to upgrade to something bigger, move closer to family or friends, or make a fresh start somewhere new, certain steps should be taken before putting your property on the market. One important step is making sure all necessary repairs have been taken care of-repairing worn-out floors and broken appliances will go a long way in helping you get top dollar for your house in the seller's market. In this post, we'll look in-depth into what needs fixing before selling a house and explore creative solutions that won't break the bank. With these tips, you can prepare your space for potential buyers without spending too much time and money on renovations. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Why Should I Fix Up My House Before Selling? The mantra “first impressions count” or "potential buyer's first impression" rings true when selling a property. Potential buyers will form their opinion of your home within the first few minutes of seeing it, and if they see that repairs have not been made, they may be turned off by what they see. Making necessary repairs before listing your house can ensure you get top dollar for your property. Investing in minor repairs, such as patching holes in walls or fixing broken appliances, can pay for itself when buyers offer more money for a well-maintained space. Fixing up your home also sets you apart from the competition because many homeowners overlook this step when prepping their properties for sale. Investing in some improvements can help your house stand out from the rest. The first step to consider is consulting with a real estate agent. A local real estate agent will tour your home and provide you with an assessment of what needs to be repaired or improved and they will answer your questions "What things should I fix in my inherited house?" Top real estate agents can also easily point out potential problems affecting the sale, like safety issues, zoning regulations, etc. Some Of The Things You Should Fix In your inherited House Before Selling Improve The Exterior of Your Home Before putting your home on the market, it's important to make sure that the exterior of your house looks as good as possible. Investing some time and effort into sprucing up the front of your house is a great way to add curb appeal and attract potential buyers. Here are a few tips for improving the exterior of your home before you list it for sale: Start with the basics Clean up any clutter outside, mow lawns, trim hedges and trees, sweep pathways, pressure wash surfaces such as siding or driveways, and repair anything broken or damaged, like fences or steps. Paint where necessary Giving your home’s exterior a fresh coat of paint can do wonders for its presentation. Make sure to go over any wood with a sealant or primer before painting, and don’t forget the garage door too! Enhance garden areas Clear out any unwanted debris or weeds in the yard, remove dead flowers, and add a few new ones to brighten the area. You can also invest in furniture, such as seating or a fire pit, to give the space an inviting atmosphere. Improve lighting Adding lights around your garden will help improve visibility if you have potential buyers viewings at night time. Additionally, solar-powered lights provide a great ambiance without worrying about monthly bills. Update outdoor fixtures If you have old faucets, light fixtures everywhere, or door knobs that look dated or worn, replacing them can give the exterior of your home a much-needed facelift. By following these simple steps and investing some time in prepping the exterior of your house before selling it, you’ll be able to make a great impression on potential buyers and help ensure a successful sale. Check And Repair The Roof For Any Signs Of Damage Or Wear And Tear The roof is often the most expensive repair, so it’s important to ensure everything is in good condition before listing your home on the market. Have a professional inspection for any leaking issues, missing shingles, or broken tiles that may need replacing. Cracks or broken sealant should also be addressed, as these can lead to larger problems in the future. Proper roof maintenance and repairs will help avoid costly replacements and make your home more appealing to potential buyers. Repairs may seem costly upfront, but they’re essential for getting a good price on your home when it comes time to sell. Keep records of any major improvements you make to improve the condition and appeal of the home—it could make all the difference! Paint Areas of Your House That Need It Painting is always a great way to improve the look of any home before selling. Even small updates, such as touching up areas that need it or freshening up faded walls with a coat of paint, can make a house feel updated and inviting. When you’re getting ready to put your house on the market, start by taking stock of each room and deciding which areas should be painted. Pay attention to scuff marks, scratches, and other blemishes in high-traffic areas like hallways and entryways, but also don’t forget about spots near windows, baseboards, and other hard-to-reach places. If you’re going to do the painting yourself instead of hiring a professional, you’ll want to start by prepping the room. Make sure to move furniture out of the way and cover anything that needs protecting with drop cloths. Once everything is ready, clean the walls and wipe off dust or cobwebs with a damp cloth. Next, it’s time to apply primer (if needed) and then paint. Spend extra time on edging corners and other hard-to-reach areas using an angled brush for maximum accuracy. If you have more than one coat of paint to apply, allow each successive coat enough drying time before moving forward. When finished, take stock of your work--did you miss any spots? Does the color look even, or are some areas darker than others? What about texture--are there any drips or streaks that you missed? Finally, properly clean your brushes and rollers before putting them away. This will help ensure they’re in the best condition for your next painting project. Refinishing Hardwood Floors Refinishing hardwood floors is a great way to bring value to your home before you sell. Hardwood floors are timeless and add a classic appeal to any space, but they do need some upkeep. Refinishing can restore the wood's natural beauty, protecting it from dents and scratches. Refinishing hardwood involves sanding down, staining or painting, and sealing the surface of the wood. The work depends on how much damage has been done to the floor's surface over time. If there are only minor scratches and discoloration, light sanding may be required for refinishing; however, if more serious damage, such as deep gouges, has occurred, then more extensive sanding will be needed. Once the floor is prepped and ready to go, you can begin staining or painting it. There are a variety of color options designed to match any style or palette. After the stain has dried, a sealant should be used for added protection against water damage and UV rays from sunlight exposure. Refinishing hardwood floors may seem daunting, but you can do the job quickly with some elbow grease and patience. With proper care, refinishing your hardwood floors could add thousands to the value of your home when it comes time to sell. Not only that, but it’ll help ensure your house looks its best and make potential buyers feel amazing at home. Upgrade Your Kitchen With New Countertops, Appliances, And Cabinets When selling a home the kitchen is often a major factor in how potential buyers perceive the property. So if you want your property to look its best and command top dollar, upgrading your kitchen before listing it on the market is important. With a few strategic upgrades, you can make your kitchen more attractive and appealing to prospective buyers. One of the easiest ways to refresh an outdated kitchen is by replacing old countertops with modern materials like granite or quartz. Not only are these materials stylish and durable, but they also offer easy maintenance for busy homeowners. Replacing appliances such as refrigerators, microwaves, and ovens can help create a cleaner, more contemporary look in the kitchen. Consider upgrading your cabinets for a more sophisticated look. Replacing them with new painted or stained-wood cabinetry can make a huge difference in the overall feel of your kitchen. Of course, if you’re on a budget, it may be worth painting existing cabinets or refacing them to give the room an instant facelift. By making simple upgrades like these to your kitchen, you can help ensure that potential buyers see your home in its best light—which could mean a higher sale price and even faster turnaround time when listing your property. So don't forget to invest extra time and budget to update key areas like your kitchen when preparing to sell! Set All Plumbing Problems. Before selling your home, it's important to ensure all plumbing problems have been fixed. Leaky pipes, faulty water heaters, and broken toilets detract from a home's value and are things that potential buyers typically look out for. These issues can cost you thousands in repairs or even a lost sale if not taken care of. So what should you do? Inspecting every pipe in your house may be too time-consuming and costly, so focus on checking for any obvious signs of trouble, like discolored walls or floors around fixtures, rust stains on faucets and drains, and slow-draining sinks or tubs. You should also flush all the toilets to ensure they work properly and test the water pressure in all of your fixtures. You may want an experienced plumber to inspect the system if anything is amiss with the pipes or connections. Be sure to hire a qualified professional to properly assess your electrical system and diagnose and repair any issues. This will ensure that you and the potential buyer don't run into any problems when it's time for the inspection during escrow — which could cost you more money. By ensuring all plumbing systems are functioning correctly, you'll be able to increase your home sales price and impress potential buyers with its condition. Taking care of these matters ahead of time is well worth it. Replace Old Windows With Energy-Efficient Models. Preparing your home for sale involves many steps, including replacing old or torn window screens with energy-efficient models. Adding new windows will add to your home's overall appeal and desirability and reduce the amount you'll spend on heating and cooling costs each month. When selecting replacement windows, look for weather-resistant materials that are easy to maintain. Vinyl frames are popular since they're lightweight, durable, low-maintenance, and more cost-effective than wood or aluminum. Ensure you choose a style that fits with the architecture of your house; if you have an older home, opt for a classic double-hung design, while contemporary homes may benefit from a sleek picture window. Remember that replacing your windows is an investment that will be returned when you sell. What may seem like a large expense now can pay off significantly come closing time. You'll recoup the installation cost and enjoy savings on utility bills for months, making it worth the effort. Be sure to get quotes from several contractors before choosing one; look for someone with significant experience and favorable reviews from other homeowners. A good contractor can help you select windows that meet your needs while staying within your budget—so don’t hesitate to ask questions or seek their advice as you consider different models and materials! With the right energy-efficient windows, you can increase the home's curb appeal and value of your property, setting yourself up for a successful sale. Functionality is Essential Functionality is essential when preparing to sell a home. Potential buyers will be looking for a home that functions properly, so it's important to ensure all necessary repairs have been taken care of before listing your property on the market. This includes repairing worn-out floors and broken appliances, fixing leaky faucets, and any other minor fixes, upgrading locks and door handles that work properly. This will also help update the look and feel of your space. Other functional items that should be addressed during the home inspection include ensuring all electronics are in working order, such as televisions, computers, microwaves, etc. Check smoke detectors, carbon monoxide detectors, and fire extinguishers to ensure they are up to date and work properly - this could save you money during inspections or when negotiating a sale. FAQs What things should I avoid doing if I want to sell my house quickly? When preparing your home for sale, the most important thing to remember is that you should not make any major renovations or changes. Although taking on a large project may seem attractive, it will ultimately take away from the time and money spent on other necessary home repairs. Major projects like installing a swimming pool or remodeling an entire room can deter potential buyers. What causes the most damage to homes? The most common sources of damage to homes are exposed to the elements, such as rain and snow, as well as age-related wear and tear. These factors can cause water infiltration, foundation problems, roof damage, etc. What common problems can occur when selling a home? The most common problems when selling a home include poor curb appeal, outdated appliances, plumbing and electrical issues, a lack of energy efficiency, pest infestations, and more. Buyers and real estate agents will often consider these factors when assessing your property's value. What color house sells best? Studies have shown that home buyers often prefer neutral colors when it comes to the exterior of a house. Neutral tones such as whites, grays, and beiges are popular because they offer a timeless look that won't clash with potential buyers' or buyers' style preferences. What doesn't add value to a house? Unnecessary upgrades such as installing a Jacuzzi or adding an extra bedroom can be costly and might not add any additional value to the home. It’s important to note that some DIY projects may reduce the value of your home if not done properly. What things should I fix in my inherited house? Selling a home can be intimidating, and it's important to ensure your house is in prime condition before you list it, unless you are just looking to sell it as-is for a fast cash offer. Taking care of the necessary repairs and upgrades before listing gives you more negotiation power and increases the likelihood that you'll walk away with the right deal. If you would like to discuss which option is best for you please feel free to contact me. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers, guidance or advice.

When inheriting a home, you may be anxious to turn it into cash. But selling an inherited house can be complex and overwhelming, especially if this is your first time going through it. Understanding the different steps involved in selling an inherited property to get the best price for it and maximize your return is important. This article will explore the various steps needed to sell an inherited house for top dollar. We'll look at key considerations such as working with a real estate agent, determining fair market value, and dealing with capital gains and taxes. Let's look at how exactly to navigate selling an inherited property. 1. Navigate Probate Process to Sell Inherited Property The first step in selling an inherited house is understanding the probate process. Probate is a court-supervised legal process that validates a will and appoints an executor to identify estate assets, pay creditors and distribute the remaining assets to beneficiaries. If the deceased person dies without a will, the court will appoint an administrator. Depending on your state's laws, probate may or may not be necessary to sell an inherited house. [Need help with probate? We offer helpful probate services and will work with you to find the plan that meets your needs. Learn more.] 2. Consider Hiring a Certified Probate Real Estate Agent The next step in selling an inherited house is finding the right real estate agent. A knowledgeable real estate agent can be a great asset to help you navigate through the process. If the house is included in the probate process it is important to find a certified probate real estate agent who understands the probate process. A certified probate real estate agent is trained in the probate process and should be able to help you correctly navigate the process of selling your inherited home. They can help you set a realistic selling price, market the house and negotiate with potential buyers to get top dollar. Your probate real estate agent should also be able to connect you with attorneys and accountants who can help you with legal documents and answer questions about capital gains taxes, property taxes, and other issues related to selling an inherited house. 3. Research the Fair Market Value of Your Home The next step in selling an inherited house is determining its fair market value. The fair market value of a home is the amount for which it could be sold on the open market, assuming both buyer and seller are informed and willing. It's important to be aware of the fair market value to set a realistic price for it when selling an inherited property. This can be done by looking at comparable homes in the neighborhood and considering any upgrades or renovations that may need to be made to your inherited property. Also, Your certified probate real estate agent should be able to provide you with a market analysis of comparable homes in the area so that you can determine an appropriate asking price. 4. Prepare for Taxes When Selling Inherited Property Taxes can be a major factor when selling inherited property and should not be overlooked. Depending on the situation, there may be federal estate and inheritance taxes and capital gains taxes. Property owners will need to pay the property taxes up to the date of sale to complete the sale. For those selling a primary residence, there may be some protection from capital gains taxes in the form of the Home Sale Tax Exclusion. Under this program, any profits up to $250,000 ($500,000 for married couples filing jointly) from the sale of a primary residence may not be taxable. 5. Finalize the Sale of Your Inherited Home The steps in selling an inherited property depend on the state and can vary greatly. In some states, the process begins with going through probate court to have the property transferred into your name. There may be additional steps in other states, such as filing special paperwork or obtaining a court order. Once the property has been transferred into your name, you can start selling it. This typically involves hiring a real estate agent to list the home and market it to potential buyers. The agent will help you determine the home's fair market value and negotiate an offer that's in your best interests. Once an offer is accepted, the sale must close, and all the necessary paperwork must be completed. Once all of this has been done, the sale can be completed, and you'll have your money from the sale. FAQ's What is the holding period for inherited property? In general, there is no holding period for inherited property. This means that if you sell inherited property immediately after receiving it, you may be subject to capital gains tax on any increase in value from the date of inheritance. Is it better to keep or sell an inherited house? The decision to keep or sell an inherited house depends on various factors, such as your financial situation, personal preferences, and the condition and location of the property. It is important to consider the costs and benefits of each option and consult with a financial or real estate professional before making a decision. Is selling inherited property taxable? If you sell inherited property for a profit, you may be subject to capital gains tax on the difference between the sale price and the property's fair market value at the time of inheritance. However, if you sell the property for less than its fair market value at the time of inheritance, you may be able to claim a capital loss deduction on your taxes. It is important to consult with a tax professional for guidance on your specific situation. What taxes do I need to pay when I inherit property? Depending on the estate's value and the tax laws in your jurisdiction, you may need to pay federal estate tax or inheritance tax. Conclusion Selling inherited house can be a complex process and involves more than just putting the property up for sale. It's important to familiarize yourself with the laws and regulations in your area, hire a knowledgeable real estate agent and understand any federal estate, inheritance, or capital gains taxes that may be involved. Doing all this will help ensure you get top dollar for your inherited property and that the sale is completed quickly and smoothly. Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.

Denise Knows Probate! When a loved one passes away, cleaning their house can be difficult and overwhelming. Sorting through years of accumulated belongings can feel too much to take on. Fortunately, there are ways to make this process easier. This article will cover tips for an estate cleanout and how you can get your home ready for sale in no time. What Is An Estate Clean Out? Estate cleanout is sorting through and disposing of a loved one's possessions. This can include furniture, clothing, appliances, and other items without sentimental value for family or friends. Estate cleanout helps families quickly access their loved one's belongings to move forward. Benefits Of Conducting A Cleanout Conducting an estate cleanout can provide many benefits to a family. Not only does it help to reduce clutter and make it easier for family members to move forward, but it can also be a way for families to honor their loved one and ensure that their possessions are properly disposed of. Cleaning an estate can also help free up much-needed space, making it easier to move around the home. Additionally, families can often profit from selling items and donating the rest. With the right preparation and planning, estate cleanout can be a smooth and rewarding process. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. 8 Best Tips for an Estate Cleanout Making a Plan & Setting Goals The first step to conducting a successful estate cleanout is creating an organized plan. Set goals and determine which areas of the home will get priority attention first. Consider enlisting the help of family members or friends who can provide additional insight and assistance when needed. Understanding What to Keep Sorting through a loved one's belongings can be emotionally taxing, so it's important to remember that not everything needs to be kept. Determine what items have sentimental value and should be kept as mementos and which can be donated or put up for sale. Sort Important Documents When sorting through a loved one's belongings, it's important to look for any documents that need to be filed or dealt with. This includes life insurance policies, wills and trusts, financial statements, and any other paperwork related to the estate. Make sure these items are kept in a safe place until they can be addressed. Hiring a Junk Removal Company Hiring a junk removal company can be a great way to speed up the estate cleanout process. Professional junk removal companies have the expertise and resources needed to quickly dispose of large amounts of debris and clutter. This can make tackling even the most daunting cleanouts easier. Additionally, they can provide dumpsters or bins for easy disposal of items that may be too large or difficult to move. Maximizing the Value of Assets Before disposing of any items, consider whether you can maximize their value. If some items have the potential to be sold, such as jewelry or furniture, consider researching their worth and selling the items for a profit. Deciding What to Do With Leftover Items Once you've finished sorting through your loved one's possessions, you may be left with items that don't need to be kept but don't have a lot of value. Consider donating these items to your local charity or thrift shop. Working with an Estate Sale Specialist If you have many valuable items that need to be sold, consider working with an experienced estate sale specialist. An estate sale specialist can help maximize the items' value and increase overall profits from the sale. Additionally, they can provide insight into current market trends and pricing for certain items, making it easier to set appropriate prices. Utilizing a House Cleaning Service Finally, consider hiring a house cleaning service once the estate cleanout is complete. This can help restore the home to its original condition and make it more attractive to potential buyers. Professional house cleaners have the necessary experience and supplies to quickly freshen up any areas of the home that may need attention. FAQ's What should I keep from my parent's estate? It is important to keep any important documents, such as life insurance policies, wills, trusts, stock certificates, financial statements, etc. It may also be beneficial to keep any sentimental items or mementos that have special meaning to your family. What is the best way to clean out an estate? The best way to clean out an estate is to start by sorting the items and determining what should be kept, sold, donated, or discarded. After this has been done, consider using estate cleanout services to help dispose of items. How can a family member properly conduct an estate cleanout? To properly conduct an estate cleanout, it's important to start by sorting through the possessions and making notes of those that can be kept and those that need to be disposed of. It may also be beneficial to consult estate cleanout companies or services for assistance. Additionally, families should consider whether items have resale value and work with an estate liquidator if needed. Conclusion Estate cleanouts of a deceased loved one can be difficult and emotional. Following the tips outlined above and enlisting the help of professionals when needed, families can quickly and efficiently go through their loved ones' belongings. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.

Denise Knows Probate! North Carolinians are used to paying income taxes each year. However, at death, they can be subject to a different form of taxation – estate taxation. Estate taxation is different from income taxation because it is not a tax on your income. Instead, it is a tax on your “net worth” at the time of your death. Estate Taxation Vs. Income Taxation The distinction between estate taxation and income taxation can be seen in comparing a worker who is age 35 with a retiree who is age 75. The 35-year-old worker who earns a high salary and a bonus may have a greater annual income than the 75-year-old retiree who lives on Social Security and some retirement income. On the other hand, because the 35-year-old worker is younger and has had less time to accumulate property, the 35-year-old worker may have a lower “net worth” than the 75-year-old retiree who owns significant assets. In this comparison, the 35-year-old worker is subject to a greater potential for income taxation, while the 75-year-old retiree is subject to a greater potential for estate taxation. [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Estate Taxes in North Carolina | Estate Taxes Vs. Property Taxes In terms of other taxes, estate taxes probably can best be somewhat compared to property taxes – a tax on the value of the assets that you own, rather than on the income derived from the assets that you own. Estate taxes are different from property taxes because estate taxes also take into account liabilities and are only imposed at death. Taxable Estate Persons in North Carolina are subject to estate taxes assessed by the Federal government. The tax base for Federal estate taxation is known as the “taxable estate” (the legal equivalent for Federal estate tax purposes of your “net worth”). The taxable estate is equal to the “gross estate”, less certain “allowable deductions”. Gross Estate And Taxable Estate The gross estate generally is based on the value of the decedent’s assets at the date of death. The gross estate can include: Real estate; Stock and bonds; Mortgages and promissory notes payable to the decedent; Cash (in possession or in banks); Death benefit proceeds from life insurance on the decedent’s life; The decedent’s applicable interest in a jointly-owned property; Interests in business; Claims, rights, and judgments owned by the decedent; Digital assets; Household goods and personal effects and other personal property (including automobiles); Assets transferred by the decedent to a revocable Living Trust; Assets subject to certain powers of appointment; Annuities; and IRAs and pension plans. After the gross estate is aggregated, the following items can be allowable deductions from the gross estate to determine the taxable estate: Funeral expenses; Expenses incurred in administering property (including attorney fees); Liabilities of the decedent (including mortgages and liens); Net losses during the administration of the decedent’s estate; Transfers of assets to a surviving spouse (the “marital deduction”). The marital deduction may be the most important deduction to reduce Federal estate tax liability, as assets that transfer to a surviving spouse (probably the most common form of testamentary disposition on the death of the first-to-die spouse) are not subject to Federal estate tax liability. The marital deduction is unlimited, meaning that it can apply to any amount of transferred assets; and Transfers of assets to a charity. Once the taxable estate is determined, it generally is subject to a Federal estate tax rate to compute a Federal estate tax liability. Federal estate tax rates are graduated, ranging from 18% to 40%. Federal estate tax liability is then subject to certain estate tax credits. Estate Tax Exemption The most important of these estate tax credits is known as the “unified credit” or the “estate tax exemption amount”. The estate tax exemption amount is intended to exclude certain estates from Federal estate tax liability; when the taxable estate is below a certain threshold amount, it is considered too small to be subject to Federal estate tax liability. The estate tax exemption amount is indexed for inflation. For decedents dying in 2023, the estate tax exemption amount is $12,920,000. This amount means that any decedent dying in 2023 whose taxable estate is $12,920,000 or less will not be subject to Federal estate tax liability. It also can be viewed that in 2023, a married couple can have joint taxable estates of $25,840,000 ($12,920,000 x 2) or less and not be subject to Federal estate tax liability. If a decedent does not need to utilize all of the decedent’s estate tax exemption amount, it is possible that the decedent’s surviving spouse can utilize the unused decedent’s estate tax exemption amount (known as the “deceased spousal unused exclusion” amount) under the concept of “portability”. Based on the combined effect of the unlimited marital deduction and the large estate tax exemption amount, most North Carolinians will not have to pay Federal estate tax liability on death. However, if the decedent’s gross estate is more than $12,920,000 in 2023, a Federal estate tax return must be filed. Federal Estate Tax liability In addition, if a surviving spouse intends to utilize the deceased spousal unused exclusion amount of a deceased spouse, a Federal estate tax return for the deceased spouse generally must have been filed. A Federal estate tax return is filed on Form 706, “United States Estate (and Generation-Skipping Transfer) Tax Return. Form 706 generally must be filed within nine months after the date of the decedent’s death. If you are potentially subject to Federal estate tax liability, there are certain steps that can be taken during your lifetime to minimize any Federal estate tax liability. Three steps to minimize your Federal estate tax liability are: Gifting. By gifting assets to younger family members, you can both reduce the amount of your gross estate and potentially defer any payment of Federal estate tax liabilities until their deaths (if expected to be later than your death). Irrevocable life insurance trust. An irrevocable life insurance trust can exclude death benefit life insurance proceeds from your gross estate. Charitable donations. Donations of property to charities on your death can reduce your taxable estate. Estate Taxes in North Carolina Conclusion The above discussion focuses on Federal estate taxes. Some states also assess State estate taxes. However, North Carolina repealed its state estate tax in 2013. Thus, North Carolina resident decedents only need to be concerned with Federal estate taxes, and not state estate taxes. The proper handling of estate taxes (and other taxes) is one aspect of the probate process in North Carolina after a decedent’s death. If you need help guiding through estate tax issues or any other issue in the probate process it is highly advised that you reach out to a professional tax advisor [Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here.] Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.

Denise Knows Probate! Losing a loved one is an incredibly difficult and emotional experience, and it is one that we will all face at some point in our lives. Whether it's a spouse, parent, sibling, or close friend, the pain of losing someone you love can be overwhelming, and the feelings that come with it can be intense and varied. The Initial Shock: Coping with the Unbearable The initial shock and disbelief that comes with losing a loved one can be almost unbearable. It's common to feel numb, and as if you're living in a dream or a fog. You may find yourself struggling to concentrate, forgetful, or feeling like you're in a daze. The first few days can be particularly difficult, and you may feel like you're in a constant state of disbelief. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Navigating the Emotional Rollercoaster: Feelings that Come in Waves As the reality of the loss sets in, you may find yourself feeling a range of emotions, from intense sadness and grief to anger, guilt, and even numbness. These emotions can come in waves, and you may find yourself feeling overwhelmed by them at times. It's important to remember that these feelings are a normal part of the grieving process and that it's okay to experience them. Finding Your Own Way: Coping Strategies for Grief Grief is a very personal and individual process, and it can be difficult to know how to cope with your feelings. Some people find solace in spending time with friends and family, while others prefer to spend time alone. It's important to do what feels right for you and to take the time you need to process your emotions. Honoring Their Memory: Celebrating a Life Well-Lived One thing that can help is to find a way to honor your loved one's memory. This might involve creating a memorial or dedicating a space in your home to them, or it might involve participating in a charity walk or event in their honor. Finding a way to celebrate their life can help you to focus on the positive memories you have and to find some comfort during a difficult time. Moving Forward: Taking Things One Day at a Time It's important to remember that the grieving process takes time and that everyone experiences it differently. There's no right or wrong way to grieve, and it's important to be kind to yourself during this difficult time. Reach out for help if you need it, and take things one day at a time. With time and support, you will find a way to move forward and honor the memory of your loved one. Grief is a complex emotion, and there's no right or wrong way to cope with the loss of a loved one. Remember that it's okay to feel the way you do and to take the time you need to process your emotions. By finding your own way to cope and by celebrating the life of your loved one, you can begin to move forward and honor their memory. Navigating the Probate Process in North Carolina: The Importance of Seeking Help Losing a loved one is a challenging and emotional experience, and dealing with the probate process in North Carolina can make it even more overwhelming. It's a process that can be complex, time-consuming, and fraught with bureaucracy, and it's one that you may find difficult to handle alone. The Complexity of the Process: Understanding the Legal Requirements The probate process in North Carolina is a legal procedure that takes place after someone passes away. It involves validating their will, identifying their assets, and distributing their estate to their beneficiaries. The process can be complex and requires a thorough understanding of North Carolina probate law. It involves a lot of paperwork and legal requirements that can be daunting for anyone who's not familiar with them. The Time and Effort Involved: Managing a Lengthy Process The probate process can be lengthy, and it can take anywhere from several months to several years to complete. During this time, you'll need to manage the estate, pay off any outstanding debts, and ensure that the assets are distributed according to the will. This can be a time-consuming and emotionally draining process, especially if you're trying to manage it alone. The Importance of Seeking Help: Working with a Real Estate Probate Specialist Trying to manage the probate process on your own can be a daunting task, and it's easy to get overwhelmed by the complexity and the bureaucracy involved. A real estate probate specialist can help you navigate the process, manage the paperwork, and ensure that the estate is distributed according to the will. They can also provide emotional support and help you through the difficult emotions that come with losing a loved one. Meet Denise Davis: Your Certified Probate Real Estate Specialist in Greenville, NC I may not know exactly what you’re going through right now but I just want to let you know something: you're not alone. The process can be overwhelming, time-consuming, and stressful, but you don't have to go through it by yourself. I'm Denise Davis, a certified probate real estate specialist (CPRES) and licensed realtor in Greenville NC, and I'm here to help you through this difficult time. You Don't Have to Navigate the Probate Process Alone As a certified probate real estate specialist, I'm here to guide you through the probate process and help you navigate the complex and often confusing legal requirements. I understand the emotional toll that losing a loved one can take, and I'm here to provide compassionate support and expert guidance as you navigate the process. The Benefits of Working with a Certified Probate Real Estate Specialist Working with a certified probate real estate specialist like myself has numerous benefits. I have specialized knowledge and experience in handling probate transactions and can provide you with valuable advice and guidance throughout the process. I can help you navigate the bureaucracy involved in probate, handle some of the paperwork, and help you avoid costly mistakes. (Unfortunately, that happens as well…) How I Can Help You Manage the Probate Process As your certified probate real estate specialist, I can provide you with a range of services to help you manage the probate process. I can assist with the valuation and sale of real estate, help you identify assets, and provide support and guidance throughout the entire process. I can also help you connect with other professionals, including attorneys, accountants, and financial planners, to ensure that your loved one's estate is managed correctly. Contact Me Today to Discuss Your Needs If you're struggling to navigate the probate process on your own, I'm here to help. Contact me today to discuss your needs and find out how I can assist you. Don't let the complexity of the probate process add to your stress and anxiety - work with a certified probate real estate specialist like myself and get the support and guidance you need to manage the process with confidence. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.

Denise Knows Probate! The death of a loved one can be a challenging and emotional experience, but it's important to ensure that their assets are distributed according to their wishes. In North Carolina, this process is known as probate, and it is an essential step in the settlement of a deceased person's estate. The probate process not only ensures the distribution of assets to the rightful beneficiaries, but also provides a framework for settling outstanding debts, taxes, and other financial obligations. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Why Probate? One of the main reasons for the probate process is to validate the deceased person's will. The probate court reviews all relevant documents to ensure the will is valid and meets all legal requirements. This process helps to prevent any disputes over the distribution of assets, and it paves the way for the deceased person's wishes to be carried out as they intended. In cases where the deceased person did not leave a will, the court will distribute the assets according to North Carolina's laws of intestacy. This is a very important law to know. If you are unfamiliar with it I suggest you read the article North Carolina Intestacy law: Who Inherits Property When There is No Will? Another important reason for the probate process is to settle any outstanding debts and taxes. The probate court serves as a forum for creditors to come forward and make a claim against the estate. This makes certain that all debts are paid before the remaining assets are handed out, protecting the beneficiaries from being held responsible for any payments that might be due. The Probate Process The probate process provides a clear and certain determination of who the deceased person's assets belong to and how they should be doled out. This can help to prevent disputes between family members and also increase the likelihood that the estate is settled in a timely and efficient manner. In many cases, the probate process can be straightforward and relatively quick, especially if the deceased person left a clear and comprehensive will. Sometimes, the process can involve the services of a probate real estate agent. These agents specialize in the sale of property and can help ensure that the estate's belongings are sold swiftly and for the best possible price. This can be especially important if the deceased person owned multiple properties, if the estate is facing financial difficulties, or if there are assets that require special handling. North Carolina Probate Process As you can see, the probate process in North Carolina is a crucial step in the settlement of an individual's estate. It guarantees that all debts and taxes are taken care of, assets are distributed according to the deceased person's wishes, and also provides clarity and certainty to the inheritors. If you are an executor or administrator of an estate, it's important to understand the nuances of this process and work with a probate attorney and agent if necessary, so that you can ensure the estate you are looking after is handled correctly. If you are unsure of your role as an executor read the article "11 Things an executor should know about probate." Don't Do Probate Alone Remember, the probate process is not only about the distribution of assets but also about honoring the memory of your loved one. It's a chance to pay tribute to their life and see that their belongings are distributed how they would have wanted. By taking the time to understand the process and enlisting the right professionals, you can make certain that their legacy is preserved and their assets are distributed exactly how they intended. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.

Denise Knows Probate! When it comes to estate sales, many questions and considerations need to be taken into account. Estate sales can be quite complex, from pricing items to choosing a sale location. Hiring an experienced estate sales company is often the best way to get the most out of your sale. Here are seven reasons you should consider hiring a professional estate sales company. An Experienced Team A professional estate sale company will have a staff of experienced professionals who know how to manage and run efficient and successful sales. They will know how to price items accurately, promote sales effectively, and maximize profits while minimizing costs. Insured & Bonded Professionally managed estate sale companies are insured and bonded against potential mishaps or damages during the sale. By hiring a professional, you can rest easy knowing that your property is protected if anything goes wrong during the sale process. Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Professional Network A good estate sales company will have access to a vast network of buyers and collectors who are always interested in purchasing quality items from estates. This is especially important if you have rare or valuable items for sale. Hiring an experienced team ensures that these pieces find their way into the hands of serious buyers and collectors who will pay top dollar for them. Knowledgeable Staff A knowledgeable staff is essential when it comes to conducting an estate sale. An experienced team will be able to identify quality pieces and provide detailed descriptions so buyers can make informed decisions about what they're purchasing. They will also be able to spot counterfeit or replica items quickly so that buyers don't purchase something they think is genuine but isn't. Negotiations Selling items at an estate sale doesn't always mean getting top dollar for them immediately; sometimes, negotiation is involved in getting buyers interested in purchasing certain pieces at higher prices than initially offered. An experienced team knows how to use negotiation tactics effectively to maximize revenue from each item sold at the estate sale without alienating potential buyers or driving them away from making purchases altogether. Event Management & Logistics Running an effective estate sale requires more than just setting up shop on the day of; numerous logistical tasks need to be completed before opening day, such as setting up display tables, arranging merchandise in attractive displays, advertising the event properly, etc., all of which require time and effort that many people simply don't have available for these tasks. An experienced team knows exactly what needs to be done before opening day for everything to go smoothly when customers arrive ready to buy! Stress-Free Experience One of the greatest benefits of hiring a professional estate sales company is that it takes all the stress off your shoulders by allowing you to focus on other things. At the same time, they handle all aspects of running a successful event from start to finish, from pricing items accurately, negotiating with buyers, managing logistics and advertising, etc., allowing you more time to spend on other important matters related or unrelated to your estate sale needs! FAQ's How do I find an estate sale in my area? You can search for local estate sales using online resources such as Craigslist, Facebook Marketplace, and Auction Zip. Additionally, you may be able to locate a specific event by checking with local auction houses or contacting your local Chamber of Commerce. Why Hire an Online Estate Sales Company? Online estate sales companies can provide several unique benefits for those selling items belonging to a loved one. These companies can help you navigate the entire process, from pricing and listing items to organizing payment and shipping. They also have the expertise needed to maximize profits and attract more buyers. Additionally, they save you time, effort, and stress by handling all aspects of the sale from taking photos and descriptions of the items to creating attractive listings and advertising them online. In other words, if you're looking for an efficient way to sell estate items online, then hiring an online estate sale company is the way to go! Conclusion: Hiring an experienced estate sales company can save time and money while ensuring maximum profit from each item sold at your event! With their expertise in pricing techniques, negotiations with buyers, organizing events effectively as well as providing insurance protection against any mishaps during the event. Hiring a reputable estate sale company guarantees success and peace of mind! Whether you're looking for someone capable of handling everything related to your upcoming event or just need help with specific tasks such as pricing items. Hiring a professional team could make all the difference between hosting a successful event and not! Need help with probate? Join our Private Facebook group where you can ask questions and get answers, learn from others or share what you learned about the probate process. Be the first to join our new group! Join Here. Denise Harper Davis Certified Probate Real Estate Specialist Licensed Realtor 252-902-9006 * NOTE: North Carolina Probate Solutions and the author of this article is not a licensed attorney or CPA. This post should not be considered legal or tax advice. Always consult an estate attorney or tax professional when needing legal answers and legal advice.