| In some states you might have to deed the property to another (straw) party. Then the straw party would deed the property back to you and your son, probably as Joint Tenants With Right of Survivorship. Check with your county recorder. Be sure that the straw party has no tax liens or judgments, as they could attach to the property in that brief instant that they held title. Also be sure that your son is financialy stable. If he has bad finances, that could jeopardize your retirement nest. Check to see if your state offers a Beneficiary Deed. With that instrument, your son would not be on title, but at the time of your death, the property would automatically convey to him. |