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Category: Estate Law
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An estate recovery company has just informed me that I stand

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An estate recovery company has just informed me that I stand to inherit several thousand dollars from the estate of an aunt who died in 1990 in North Carolina. This company wants to purchase my waiver of all rights for approximately 1/4 of the value of the inheritance. How difficult should it be for me to recover/claim the full value of this inheritance for myself, and will I need the services of an attorney to do so? Thanks.
How difficult should it be for me to recover/claim the full value of this inheritance for myself, and will I need the services of an attorney to do so?

The answer to your question would depend on the amount of debt your aunt left. Typically an estate recovery company is there to collect on a lien such as for medicaid. An heir cannot inherit until all debts of the estate have been resolved, either by payment in full or by negotiating a lower debt amount. Once the debts are taken care of and a final accounting is done, can the balance of the estate be passed on to its heirs. Unless you feel confident with the process of probate or negotiating, it is best to have an estate attorney assist. It is possible to get more of the inheritance if you negotiate a settlement pay off.





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