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How do we protect family property that was inherited

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valake92 Joined: 26 May 2010 Posts: 1 1.37 Dollars($)	Posted: Wed May 26, 2010 3:47 pm    Post subject: How do we protect family property that was inherited Like 0 Dislike 0 My father inherited property from my grandfather more than 15 years ago and from my grandmother 2 years ago when she passed in Texas. He has been remarried 10 years and currently lives in Utah. His current wife states she wants a divorce and is entitled to half of each propety even though her name is no where on the deed. Both propertys were transfered into his name. Is this true? Also can we transfer the property into my name since he had already planned on passing onto me through inheritance and we dont want the property to end up in her hands? If so what kind of warranty do we need and where can I ge the paper work?
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Wed May 26, 2010 8:48 pm    Post subject: Like 0 Dislike 0 Hi valake, As far as I know, Utah is not a community property state. Thus, the wife will not be able to claim her share of the property from your father if her name is not mentioned on the property deed. _________________ Procrastination is the enemy of your financial success
rita2 Joined: 23 Apr 2010 Posts: 286 51.03 Dollars($)	Posted: Mon May 31, 2010 12:51 pm    Post subject: Like 0 Dislike 0 Hi Valake, As per my knowledge your dad's present wife cannot claim the property. Your dad can sign a quitclaim deed and add you to the property deed. Tell your dad to consult with a good attorney to check the options open for him.

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