Posted on: 30th Apr, 2013 12:35 pm
in ohio. new husband owned property before we were married. i signed dower release on the bank mortgage. the following week, he signed/properly recorded a quit claim deed assigning the property to both of us. however, should he predecease me, am i entitled to 100% of the property due to the mortgage dower release that i signed?
Your signing the mortgage to release in martial interest or "dower" interest in the property will have no effect on your ownership if he dies. Does the quit claim deed state that you own the property as "joint tenants"? If so, property will pass to you when he dies. If not, his 1/2 interest will pass according to his will - if no will, according to the intestate laws of Ohio.
Welcome Guest,
The above poster is right in explaining the issue. In case you have further doubts, you can speak to a real estate attorney and take his opinion in this regard.
The above poster is right in explaining the issue. In case you have further doubts, you can speak to a real estate attorney and take his opinion in this regard.
Thank-you to each of your for your replies. The quit claim deed states from him to he and I, husband and wife, remainder to the survivor of us.
I did just look at the actual deed and it does say, " ...for their joint lives, remainder to the survivor of them."
Do wills in Ohio need to be notarized as of the year 2013?
Hi Guest,
As far as I know, in Ohio, you do not need to notarize your will to make it legal.
Thanks
As far as I know, in Ohio, you do not need to notarize your will to make it legal.
Thanks
Does bequeathing through a Will supersede property transferring per stirpes, in Ohio?
1) vehicles titled to the decedent acquired prior to a marriage?
2) investment accounts bequeathed to other relatives?
1) vehicles titled to the decedent acquired prior to a marriage?
2) investment accounts bequeathed to other relatives?
Hi Chris!
Welcome to the forums!
This is a complex legal matter and it will be better if you could get in touch with a real estate attorney and take his opinion in this matter.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
This is a complex legal matter and it will be better if you could get in touch with a real estate attorney and take his opinion in this matter.
Feel free to ask if you've further queries.
Sussane