AN ACT 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. Summarized in Daily Bulletin 5/22/12 and 5/31/12. Enacted June 26, 2012. Effective October 1, 2012.
Bill Summaries: H1066 PASSING TITLE BY WILL.
Summary date: Jun 27 2012 - View Summary
Bill H 1066 (2011-2012)Summary date: May 31 2012 - View Summary
House amendment makes the following changes to 1st edition. Changes the act’s effective date to October 1, 2012 (was, effective when the act becomes law).
Bill H 1066 (2011-2012)Summary date: May 22 2012 - View Summary
Identical to S 846, filed 5/21/12.
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.