What steps are required to prepare and record a quitclaim deed for inherited property in North Carolina probate?

What steps are required to prepare and record a quitclaim deed for inherited property in North Carolina probate? Detailed Answer When someone inherits real estate in North Carolina through probate, transferring title to a beneficiary typically requires a quitclaim deed. A quitclaim deed conveys whatever interest the executor or administrator holds without warranty. Follow these…

What bank statements and records are required for a personal representative’s annual probate accounting in North Carolina?

What bank statements and records are required for a personal representative’s annual probate accounting in North Carolina? Detailed Answer Under North Carolina law, a personal representative must file an annual account with the clerk of superior court until the estate closes. North Carolina General Statutes section 28A-22-18 requires this accounting at the end of the…

Can I use North Carolina’s small estate affidavit to transfer real property if it’s the only asset?

Can I use North Carolina’s small estate affidavit to transfer real property if it’s the only asset? Detailed Answer North Carolina’s small estate affidavit process only applies to a decedent’s personal and intangible property. You cannot use it to transfer real estate. Under North Carolina General Statutes § 28A-25-1, an heir or beneficiary may collect…