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Only 1 person on house papers is this smart?

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Icon Mini Profile aranaverde





Joined: 29 Oct 2008

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Post Posted: Wed Oct 29, 2008 11:39 am    Post subject: Only 1 person on house papers is this smart?
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My mother died 2 years ago and my stepfather has had her name taken off the house papers -was this necessary? My mother wishes were that the house go to my stepdad and brother equally. Don't know if anything is in writting. Since he (stepdad) is currently the only one on the house papers in the event if he dies (God forbid) what would happen since no other person is on the papers? I am concerned that my stepdads far lost relatives may have an opportunity to this property? I would like my stepdad to quickclaim a deed to my brother. Is this smart?
Icon Mini Profile helping_user
helping_user




Joined: 31 Mar 2006

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Post Posted: Thu Oct 30, 2008 12:20 am    Post subject:
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Welcome Aranaverde.

I think the far lost relatives wouldn't be able to claim the house as because there's no Will prepared by your stepdad. However, it's a smart idea to add your brother on the deed.

A quitclaim transfer can be done between your stepdad and brother to add the latter to the title. But to get the entire property after your stepdad's death, a Will or a transfer-on-death deed can be drafted.

Thanks.
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Thu Oct 30, 2008 11:54 pm    Post subject:
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Hi aranaverde!

I want to add a few things to what "helping user" has said. A Will or a transfer-on-death deed can be drafted which is a good option. But I think, you can also go for an Affidavit of Heirship after your step-father's death in order to inherit the property.

Thanks.
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