Posted on: 28th Feb, 2010 10:46 pm
I have been divorced for 1 year. I am living in the house and paying the mortgage and only my name is on the mortgage. The deed still has both mine and my exhusband's name as husband and wife as joint tenants on it.
How can I change to read as joint owners and not husband and wife or joint tenants since he is no longer living in the home?
I want to be sure my daughter has rights to have the house should I die.
How can I change to read as joint owners and not husband and wife or joint tenants since he is no longer living in the home?
I want to be sure my daughter has rights to have the house should I die.
Wasn't this taken care of with your Divorce Decree? It should have been.
Since you're the only one on the mortgage, all you need is for him to do is Quit Claim Title to you.
If I was him, I wouldn't do it because that'd mean I'd lose my portion of the profits from the home - which is why this type of stuff is defined with the Divorce Decree.
To ensure your Daughter receives your portion of the Estate in the event of your untimely passing, you should get a Living Trust. I'm feeling chances are very good that Dad has the same intention (because I'm a Dad and want to make sure my child is properly taken care of when I Pass).
Since you're the only one on the mortgage, all you need is for him to do is Quit Claim Title to you.
If I was him, I wouldn't do it because that'd mean I'd lose my portion of the profits from the home - which is why this type of stuff is defined with the Divorce Decree.
To ensure your Daughter receives your portion of the Estate in the event of your untimely passing, you should get a Living Trust. I'm feeling chances are very good that Dad has the same intention (because I'm a Dad and want to make sure my child is properly taken care of when I Pass).