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As a minor would be in possession of a valuable property, it would also be wise to appoint a guardian (or trustee) to oversee the property until some future date or event.
I am aware of a case where a man gave his castle to his son, and the son immediately evicted his step-mother!
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Wiki User
∙ 13y ago
Wiki User
∙ 15y agoYou would need to check your state laws regarding conveyance to a minor. Generally, you can convey real property to a minor but once the title is in the minor's name costly problems can arise. If the property will simply be occupied by another who will maintain it and keep the taxes paid until the child reaches the age of majority it may work. However, if the property must be sold or mortgaged, or if the property owner is sued, the court would need to appoint a guardian to act as the legal agent for the child. During that process the court would need to appoint a guardian ad litem to study the situation and report back to the court to determine what would be in the best interest of the child. Legal costs would be incurred. Another problem could occur. The child can renounce the property when she reaches the age of majority. If the original grantor has died this situation would also require court involvement. You should discuss the matter with an attorney who can advise you about other options.
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How can you transfer the deed to my son after my wife passed away and the deed is in both our names?
If you and your wife owned the property by a survivorship deed you are now the sole owner and you can execute a deed that transfers the property to your son. You should always consult with an attorney who specializes in real estate when deed changes are contemplated. The attorney can review your situation, explain your options and inform you of all the consequences of making such a transfer. You should also discuss the reservation of a life estate. Remember that once you make the transfer the property will be vulnerable to your son's creditors, if any.
Father son have the same name. Father passes away surviving spouse wants to add son to the house deed. Does son need to be added to house deed when fathers'name is already on it?
Yes, son's name must be added. Son is a separate entity from his father. The father's interest most likely passed to the mother when he died depending on how the property was titled in their deed. Therefore, if the son began signing his father's name it would be forgery and the repercussions would be serious. You should seek the advice of an attorney to transfer co-ownership to the son. You should tell the attorney of any documents the son has signed posing as his father.
How can you give your house to your son while you are still alive?
By deed, if you own it free and clear.
What is the least expensive way to transfer a PA deed from a living mother to her son?
The least expensive method is for you to draft a deed from mother to son and record it in the land records. The smartest way is for you to hire an attorney who will explain your options, explain the the consequences of the transfer, and draft the deed properly. When a non-lawyer drafts and records legal documents mistakes can be extremely costly to fix later on. That is, if they can be fixed.
You gave your home to your son and daughter you are life tenant Can you sell the house in the future?
You cannot sell the house because you conveyed the fee to your son and daughter. They can sell the house subject to your life estate. Or, you can all join in a deed and convey the house to a third party.
If a person adds a son to the deed will it automactically transfer to him upon death?
If the tenancy in the deed is clearly defined as a joint tenancy with the right of survivorship the property will automatically pass to the survivor, bypassing probate. You should have the deed drafted by an attorney to make certain it is drafted property for your jurisdiction.
If a mother deeds a property to her son is it now legally his house can she take it back?
If mother conveyed property to her son by a valid deed then he is the new owner. She cannot nullify a deed once she has signed it and it has been recorded in the land records.If son granted mother a mortgage in the property and she reserved the right to foreclose in that mortgage document she can take the property back by foreclosure if he defaults on the mortgage.
Do you need your daughters signature to add your sons name on property if she is also on the deed?
If you and your daughter own property then you each own a 1/2 share. You both must sign a deed in order to give your son an equal share. If you and your daughter execute a deed to you, your daughter and your son each will own a 1/3 share.You can transfer your own interest to your son, or a percentage of your interest. For example, you could transfer your 1/2 share to him or half of your share which would be 1/4. Your own deed will not affect your daughter's interest.In any case, deeds should always be drafted by a professional. Errors made by non-professionals can be difficult and costly to correct and can result in a cloud on the title. You should think through exactly what you want to do and then hire an attorney to draft a proper deed.If you and your daughter own property then you each own a 1/2 share. You both must sign a deed in order to give your son an equal share. If you and your daughter execute a deed to you, your daughter and your son each will own a 1/3 share.You can transfer your own interest to your son, or a percentage of your interest. For example, you could transfer your 1/2 share to him or half of your share which would be 1/4. Your own deed will not affect your daughter's interest.In any case, deeds should always be drafted by a professional. Errors made by non-professionals can be difficult and costly to correct and can result in a cloud on the title. You should think through exactly what you want to do and then hire an attorney to draft a proper deed.If you and your daughter own property then you each own a 1/2 share. You both must sign a deed in order to give your son an equal share. If you and your daughter execute a deed to you, your daughter and your son each will own a 1/3 share.You can transfer your own interest to your son, or a percentage of your interest. For example, you could transfer your 1/2 share to him or half of your share which would be 1/4. Your own deed will not affect your daughter's interest.In any case, deeds should always be drafted by a professional. Errors made by non-professionals can be difficult and costly to correct and can result in a cloud on the title. You should think through exactly what you want to do and then hire an attorney to draft a proper deed.If you and your daughter own property then you each own a 1/2 share. You both must sign a deed in order to give your son an equal share. If you and your daughter execute a deed to you, your daughter and your son each will own a 1/3 share.You can transfer your own interest to your son, or a percentage of your interest. For example, you could transfer your 1/2 share to him or half of your share which would be 1/4. Your own deed will not affect your daughter's interest.In any case, deeds should always be drafted by a professional. Errors made by non-professionals can be difficult and costly to correct and can result in a cloud on the title. You should think through exactly what you want to do and then hire an attorney to draft a proper deed.
How can I have a son-in-laws name removed from a deed where he no longer lives and has no financial stake in the property?
You cannot remove someone's name from a deed. You would need to persuade your son-in-law to convey his interest to you by a quitclaim deed.
Can you please give you the wording for a deed when Mother own property and wish to transfer it to her son - reserving a life estate for the mother?
Deeds should always be drafted by a professional. You should consult an attorney who can review your situation, explain your options and the consequences and draft a proper deed for your jurisdiction.
How do I transfer ownership of my condominium unit to my son?
You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.
Your husband and son bought a house together they are on the deed if your husband died will you get half of the house or does your son own it all. If your son gets married can his wife put you out?
You don't give your state of residence and states vary in their interpretation of marital property when it comes to real estate. You REALLY need to consult with an attorney to learn your legal rights. If your name does not appear on the deed or title to the property you COULD be in legal jeapordy if your husband's will does not provide for you to inherit his interest in the home.
