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-   -   Is there any benefit by adding children's names onto mothers house deed? (https://www.askmehelpdesk.com/showthread.php?t=548850)

  • Jan 28, 2011, 03:19 PM
    marcina13
    Is there any benefit by adding children's names onto mothers house deed?
    Is there any benefit by adding children's names onto mothers house deed?
  • Jan 28, 2011, 03:42 PM
    hkstroud

    No and there are lots, lots of reasons to not do it.
  • Jan 28, 2011, 04:06 PM
    AK lawyer
    Quote:

    Originally Posted by marcina13 View Post
    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?
  • Jan 28, 2011, 04:13 PM
    ChickyBaby
    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. :)

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