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 d_sheinman
Joined: 29 Oct 2009
Posts: 1
1.00 Dollars($)
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 Posted: Thu Oct 29, 2009 4:35 pm Post subject: quit claim |
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I have a will and revocable trust, living in Florida. I'm a widow and have been advised to submit a Quit Claim.
My two sons are equally listed to receive all of my assets. Do I need a Quit Claim?
Thank you. |
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smithsussane
Joined: 18 Sep 2008
Posts: 3734
Location: Alaska
560.83 Dollars($)
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| Posted: Thu Oct 29, 2009 9:11 pm Post subject: |
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Hi d_sheinman!
Welcome to forums!
You've mentioned that you have a will wherein your sons are equally listed to get the assets. However, your sons will have to probate the will after your death in order to get it transferred in their name. If you transfer the property to them through a quitclaim deed, they will become the owner of the property now and will not have to go for a probate.
Feel free to ask if you've further queries.
Sussane |
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d
Guest
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| Posted: Sat Oct 31, 2009 4:06 pm Post subject: |
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| Thanks for your advice. |
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d
Guest
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| Posted: Sun Nov 01, 2009 2:08 pm Post subject: quit claim |
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| I just realized you said that my boys would have ownership of my property now-I don't want that as I'm independent and want the security in my name until I'm gone. |
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jameshogg
Joined: 20 Dec 2005
Posts: 4291
Location: nevada
509.34 Dollars($)
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| Posted: Sun Nov 01, 2009 8:44 pm Post subject: |
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Hi d,
If you do not want to transfer the property to your sons immediately, then it's better if you do not sign a quitclaim deed now. You can list their names as beneficiaries to the property in your will. Thus, they will have to probate the will and get the property transferred in their name after your death.
Thanks |
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