Posted on: 29th Dec, 2006 10:16 am
My husband has a mortage on our house in his name only. He is ill and I may need to get my name on the mortage. How do I do this. We really do not have a lot of money for lawyers, the last one charged 1200.00 for a POA. Please help.
Welcome MargeM,
As far as I know, if your spouse is a U.S. citizen, then you can gift any amount to your spouse without incurring any federal gift tax or state gift tax consequences due to the unlimited marital deduction.
As far as I know, if your spouse is a U.S. citizen, then you can gift any amount to your spouse without incurring any federal gift tax or state gift tax consequences due to the unlimited marital deduction.
Just a couple of days ago, my husband and I purchased the house and signed the mortgage deed and note at the Title Agency in Ohio. My husband is upset that I put my name first on all the documents and his second. Is there a way to correct this so that on the public records (survivorship deed) it shows husband and wife names instead of wife and husband order.
Welcome geo,
You can use a quitclaim deed in order to change the order of the names. Nevertheless, you can even contact a real estate attorney and take his opinion in this matter.
Thanks
You can use a quitclaim deed in order to change the order of the names. Nevertheless, you can even contact a real estate attorney and take his opinion in this matter.
Thanks
adding our son to loan & title during refinance of home loan involves
gift tax or does not involve gift tax.This is a joint property in the name of me & my wife.This is a residential property. We all ( me,my wife & my son) are living together on this property.
gift tax or does not involve gift tax.This is a joint property in the name of me & my wife.This is a residential property. We all ( me,my wife & my son) are living together on this property.
Hi surinder,
As far as I can understand, it may involve gift tax. Nevertheless, it will be better to contact a tax adviser and take his opinion in this regard.
Thanks
As far as I can understand, it may involve gift tax. Nevertheless, it will be better to contact a tax adviser and take his opinion in this regard.
Thanks
My husband and his sister were left their fathers' home in his will. His sister sold her 1/2 to their mother who had been divorced from their father for some time. The deed now shows ownership as my husband and his mother. Being his wife, do I also have ownership of the house although my name isn't on the deed. We reside in Michigan.
Hi monica,
As your name is not on the deed, you won't be considered as the owner of the property. However, on your husband's death, you can claim his share of the property as his heir.
Thanks
As your name is not on the deed, you won't be considered as the owner of the property. However, on your husband's death, you can claim his share of the property as his heir.
Thanks
I live in Florida. My boyfriend and I have a house together, only his name is on the title. How can my name be added to the title. I have a judgement against me in the State of Florida, can that be attached to the house. There is no mortgage on the house. I just want to make sure if anything happens to him I will get the house.
Hi Debra!
Welcome to the forums!
You can ask your boyfriend to sign a warranty deed and add your name to the property. However, if you become the owner of the property, then a lien can be attached to the property due to that judgment.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
You can ask your boyfriend to sign a warranty deed and add your name to the property. However, if you become the owner of the property, then a lien can be attached to the property due to that judgment.
Feel free to ask if you've further queries.
Sussane
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