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How do I make sure that my daughter gets ownership of my house after my death and not my son without writing a will?

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Icon Mini Profile dnalley1





Joined: 24 Feb 2010

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Post Posted: Wed Feb 24, 2010 7:30 pm    Post subject: How do I make sure that my daughter gets ownership of my hou
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I am terminally ill and would like my house to go to my daughter if I should pass. I also have a son but he grew up with his father in another house. This is the house that my daughter grew up in. My house has a mortgage. I do have a lot of debt and do not want her burdened with all of that. I just want her to get the house and that is it. Is there any way to do this quickly?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Wed Feb 24, 2010 8:51 pm    Post subject:
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Welcome dnalley,

You can sign a quit claim deed in your daughter's favor transferring the property to her. This will make her the sole owner of the property. You can add a life estate clause to the deed which will help you in staying in the property until your death. After your death, the clause will become null and void and she would be responsible for the property. She can even refinance the loan in her name.

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Icon Mini Profile tfaulhaber1
tfaulhaber1
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Post Posted: Thu Feb 25, 2010 5:23 am    Post subject:
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Quit Claim Deed
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