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can someone transfer title of their property to two individual family members

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Icon Mini Profile cherylbianchi





Joined: 19 Oct 2009

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Post Posted: Mon Oct 19, 2009 8:23 pm    Post subject: can someone transfer title of their property to two individu
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Dear Joshua,I recently learned by accident that my mother transfered title of her only piece of property, a summer cottage to my two brothers leaving, but retained her use of it until death. My question is whether having done this she could stillleave it to the four of us [ we have a sister] in a will? Or should I conclude from this transfer of title to our brothers while she is alive that it is her intention to exclude my sister & I from inheriting the cottage with our brothers? Please advise as I am heartsick about this. My mother has lived in a beautiful apartment in my home for the past 12 years for 250.00 a month[the apartment is typically rented for 750.00],and we have been extremely generous to her in other ways. I am feeling so shocked & betrayed.Lost in Rochester, NY
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Location: Alaska
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Post Posted: Tue Oct 20, 2009 12:26 am    Post subject:
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Hi cherylbianchi!

Welcome to forums!

As she is alive and has transferred her property to your brother, it would be considered as a valid document. As a quitclaim deed has an immediate effect compared to a will which will come into effect after death, I think the quitclaim deed will be given importance.

Feel free to ask if you've further queries.

Sussane
Icon Mini Profile jheard
jheard
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Joined: 12 Dec 2007

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Location: Houston, TX
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Post Posted: Tue Oct 20, 2009 6:08 am    Post subject:
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Once you transfer property by deed it can no longer pass by will.
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Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
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