Posted on: 26th Jan, 2010 03:26 pm
my daughter received her home through an inheritance. A year later she married and wouldlike to have her husband's name on the deed as well. What would the best route for her to go? Is a lawyer necessary?
Personally, if I were her, I'd create a Living Trust design it to it'd pass Title to him in the event she passes. The reason is because of divorce. If, in the future, the relationship doesn't work out, he won't be entitled to the home because she inherited it (even in a community property State). But he would be entitled to it if he was on Title. However, if they were still married and getting along well, and she passed, he'd receive full Title to the property via the Living Trust.
Just a safety precaution. I know right now they're saying "we'd never get divorced" ... but that's what everybody says.
Just a safety precaution. I know right now they're saying "we'd never get divorced" ... but that's what everybody says.