Legal Question in Real Estate Law in Florida
I want to add my son to my jointly owned property, if not, can i leave it to him in a will? Property deeded as husband & wife.
3 Answers from Attorneys
You can add your son if the property is paid in full via a quitclaim deed. The best thing would be for us to review your ownership documents and advise you of the best course of action. You can call my office at (305) 921-0440 or email me at [email protected] for further assistance. Thank you.
Romy Jurado
Yes you can add your son to your house's title. That said, there are tax consequences to doing it and you may want to consult an attorney to make sure you are getting the result you want. There will be a homestead tax effect as well. You can certainly prepare a will and leave it to him that way. There are other methods for avoiding probate that work as well such as a trust OR transferring a life estate to you and remainder to your son.