Amends GS 28A-2A-1 (concerning probate of will) to delete limitations on the validity of a will, and retains language stating the executor may admit a will for probate. Deletes all provisions of GS 31-39 (probate necessary to pass title; recordation in county where land lies; rights of innocent purchasers) and provides that a duly probated will is effective to pass title to real and personal property. Details circumstances when a will does or does not pass title to property as against lien creditors or purchasers for valuable consideration. Makes conforming changes.
PASSING TITLE BY WILL.
Printer-friendly: Click to view
View NCGA Bill Details | 2011-2012 Session |
TO CLARIFY, MODIFY, AND CONSOLIDATE THE LAW APPLICABLE TO THE PASSING OF TITLE TO INTERESTS IN REAL AND PERSONAL PROPERTY DEVISED BY A WILL AND THE RIGHTS OF LIEN CREDITORS AND PURCHASERS FOR VALUE, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.Intro. by Hartsell.
Status: Ref to Judiciary I. If fav, re-ref to Finance (Senate Action) (May 22 2012)
Bill History:
-
Mon, 21 May 2012 Senate: Filed
-
Tue, 22 May 2012 Senate: Passed 1st Reading
-
Tue, 22 May 2012 Senate: Ref to Judiciary I. If fav, re-ref to Finance
S 846
Bill Summaries:
-
Bill S 846 (2011-2012)Summary date: May 21 2012 - View Summary
View: All Summaries for Bill