Legal Question in Wills and Trusts in Florida

Name change and titling of deed and accounts

Hello,

Home is titled as life estate. Other accounts are titled as TOD/POD. If the person with remainder interest and beneficiery of the TOD/POD accounts changes her name, do the titles of the accounts need to be changed to reflect the new name or would documentation of legal name change be adequate if and when the time comes for transfer of property and other accounts?

Thanks.


Asked on 7/30/07, 2:44 pm

3 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: Name change and titling of deed and accounts

A certified copy of the documentation should be sufficeint. Good luck.

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Answered on 7/30/07, 2:49 pm

Re: Name change and titling of deed and accounts

Putting the new name on titles and accounts wouldn't hurt and can make things easier later on if there are combined complications. However, the person's social security number serves as identification and proof of legal name change is fine.

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Answered on 7/30/07, 2:51 pm
Scott R. Jay Law Offices of Scott R. Jay

Re: Name change and titling of deed and accounts

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

There is no need to change your name on the titles at this time. When the time comes to transfer the title, you will have to have a Same Name Affidavit prepared and executed showing that both persons are one and the same. You should attach a copy of the court order changing the name as an exhibit for verification of the change. This should not affect the transfer at all.

Scott R. Jay, Esq.

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Answered on 8/04/07, 11:12 pm


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