Quitclaim held until death

jesse89148 · Joined: 27 Aug 2008 Posts: 2 1.52 Dollars($)

I own a house as my sole and seperate property. I want to prepare a quitclaim deed transfering the house to my current spouse and adult son to be recorded after my death. Is there a problem with them recording a quitclaim after my death. I live in Nevada.

sara · Posted: Wed Aug 27, 2008 5:23 am Post subject: RE: record deed after death?

Hi Jesse,

I guess a quitclaim deed should be recorded within a time period after it is signed. the time period varies from one state to another. But the deed can't be recorded after death. What you can use instead, is a transfer-on-death deed or beneficiary deed.

Take care

Jessica · Posted: Wed Aug 27, 2008 6:35 am Post subject: RE:

Hi jesse,

You can use a quitclaim deed in this scenario but you should retain a life estate on the property. The life estate will help you retain ownership rights till your death. But if you'd like to sell property during your lifetime, you'll have to take the consent of your heirs. Upon your death, the heirs can take over ownership rights.

Alternatively, you can use a lady bird deed provided it is approved by your state.

Regards,

Jessica

jheard · Posted: Wed Aug 27, 2008 7:13 am Post subject:

The better way is to have a will which transfers the property.

But, the way you describe is legal and will work. Make sure the deed is notarized and delivered to the grantees.

jesse89148 · Joined: 27 Aug 2008 Posts: 2 1.52 Dollars($)

Thank you to all of you who took the time to respond. I appreciate your help.

liaoyu03 · Joined: 09 Sep 2007 Posts: 213 9.09 Dollars($)

if you use a quit claim deed to transfer your real property, i suggest that you'd better also place a life estate on the real property. It will make you to own the property untill you are gone.

All times are GMT - 7 Hours

Page 1 of 1