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Interspousal transfer Grant Deed

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rvjv Joined: 24 May 2009 Posts: 1 1.00 Dollars($)	Posted: Sun May 24, 2009 10:42 am    Post subject: Interspousal transfer Grant Deed Like 0 Dislike 0 Persently I own a house with my brother and 3 sisters. If i have my wife sign a Interspousal transfer Grant Deed, And I if die what would happen to my portion of the property in question, Can my wife make claim on it, or will the property portion go to my children? Thank you.
sunil87020 Joined: 04 May 2009 Posts: 339 26.96 Dollars($)	Posted: Sun May 24, 2009 11:01 am    Post subject: Like 0 Dislike 0 From signing of this "Interspousal Transfer Grant Deed" your wife is eligible for portion of property after your death.The portion of "Community Property" will be benefited to your wife.
smithsussane Joined: 18 Sep 2008 Posts: 10030 Location: Alaska 919.49 Dollars($)	Posted: Sun May 24, 2009 7:34 pm    Post subject: Like 0 Dislike 0 Hi rvjv! Welcome to forums! Sunil is wrong in saying that your wife will be benefited by signing the interspousal transfer deed. If your wife signs the interspousal transfer deed, it will become your separate property. She will have no claims on that property. After your death, your heirs can file an affidavit of heirship and claim the property. To know more about interspousal transfer deed, check out the following page: http://www.mortgagefit.com/discuss/interspousal-transferdeed.html Feel free to ask if you have further queries. Sussane

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