If there's no will when a person dies, North Carolina steps in with its own formula to identify who inherits, based on marriage and family relationships. North Carolina is one of the few states that still splits real property and personal property into separate categories, which makes the math a little more involved. Here's how that formula works.
Your spouse inherits your entire estate if no living parents can be identified. If you have living parents, your spouse inherits the first $100,000 of your personal property, plus 1/2 of the balance and 1/2 of your real property, and your parents inherit the rest.
Your children divide all of your assets equally.
Your parents inherit your estate when you have no children and no spouse. If neither parent survives, your siblings will stand to inherit next.
If no living relatives can be identified, your property reverts to the state of North Carolina. This rarely happens because the state will conduct a very broad search for relatives first.
If you die without a will in North Carolina, your estate may still avoid full administration if the personal property is valued at $20,000 or less ($30,000 or less if your spouse is the sole heir), using a small estate affidavit 30 days after death. Larger estates go through the Clerk of Superior Court.
To learn more about probate in North Carolina, see our article.
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