Legal Question in Real Estate Law in Florida
What is the benefit of having names of children on the new purchased home to alleviate future problems vs. waiting and doing a quick claim deed?
Asked on 11/23/15, 6:19 am
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
Impossible to answer this question without more detail. Having other names on deed as survivorship ownership can eliminate the need for probate on the asset. A quit claim deed only serves to transfer whatever interest you may have to someone else or others in joint tenancy. It cannot be used to avoid probate, unless done while you are alive. You need to seek some competent legal advice to get whatever you want done.
Answered on 11/23/15, 6:30 am
David Slater
David P. Slater, Esq.
No benefit should your children have financial trouble or a family disagreement.
Answered on 11/23/15, 7:46 am
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