View Full Version : Is there any benefit by adding children's names onto mothers house deed?
marcina13
Jan 28, 2011, 03:19 PM
Is there any benefit by adding children's names onto mothers house deed?
hkstroud
Jan 28, 2011, 03:42 PM
No and there are lots, lots of reasons to not do it.
AK lawyer
Jan 28, 2011, 04:06 PM
is there any benefit by adding childrens names onto mothers house deed?
As Hkstroud said, there are lots of reasons not to.
Why would you? Will substitute?
ChickyBaby
Jan 28, 2011, 04:13 PM
Well... this is a good and bad idea.
I think its better to put make a estate plan w/ a lawyer. He can tell you legal loop holes so the kids can have the house w/o having to give the government any money (ie. Inheritance tax) or very little money.
Depends on what state you live it - to know their rules. :)