Posted on: 14th May, 2009 01:26 pm
my father's house will be left to me upon his death. my father signed a will leaving the house and its contents to me. there is still a mortage on it. i decided to give 30% to a younger sister. since i have a condo. do i need to get a quit claim deed? or is the will suficient? my father lives in the state of maryland.
Hi
You can surely add your sister to the title and transfer partial ownership of the house to her through a quitclaim deed. But you have not become the owner of the property yet. The will comes into effect only after your father's death. So, as of now, you cannot quitclaim to your sister. You can do that only after the will is executed and the property is transferred in your name.
You can surely add your sister to the title and transfer partial ownership of the house to her through a quitclaim deed. But you have not become the owner of the property yet. The will comes into effect only after your father's death. So, as of now, you cannot quitclaim to your sister. You can do that only after the will is executed and the property is transferred in your name.