deed to property

Guest 0.10 Dollars($)

Can a parent put a child's name on the deed to his ranch, not have any money change hands, then will all the property to his wife in his death? In the will it stated that the child mentioned previously had 10 years to buy and pay for the ranch, giving Mom money to live on.

jheard · Posted: Tue Aug 26, 2008 8:37 am Post subject:

No, once you transfer the property interest to the child, it can no longer pass by will.

Guest 0.10 Dollars($)

Can a parent simply add one of eight children's names to his property, giving them full ownership, even tho no money has changed hands?

Thank you

jheard · Posted: Tue Aug 26, 2008 1:11 pm Post subject:

Yes. Payment is not required to transfer a property interest.

All times are GMT - 7 Hours

Page 1 of 1