Q: My mom owns land in N.C., she is 85 and wants to have me and my siblings listed as co-owners of land. How do we do that?
We want to be sure land does not get tied up in probate court when she dies.
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A: Mother can convey now, but it is remotely possible some creditor could try subject the real property to debts. She can convey to each issue member as tenants in common, possibly subject to her Estate For Life. She should hire a competent NC attorney to search the title and draft/ record the Deed. The earlier the conveyance, the less chance of a preferential creditor of hers trying to come after the land.
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