Estate Law Questions? Ask an Estate Lawyer.
Hi and welcome to JA. I am Ray and will be the expert helping you tonight.
It would be possible here to buy out the other sibling for say cash for his share and have him sign settlement agreement and quit claim deed.You really need a local lawyer where property is located to prepare this and make sure you get clear title for his share.
But a family settlement agreement and quit claim deed is possible here.
The executor in probate would sign the deed as well as all of you signing the family settlement agreement.
But this is certainly possible, you will need a local lawyer to file probate and then prepare the settlement documents and quit claim deed.The court would accept this in lieu of a sale.
I appreciate the chance to help you tonight.Please let me know if you have more follow up.