Legal Question in Wills and Trusts in New York

1. As the survivor, you own it. No reason to change title now.

2 .Unless you must avoid probate, prepare a will.

Or, consider adding your son to a new Deed now or giving him the house, but reserving a life estate to you, Another possibility is to create a living trust and re-title the ownership to the trust. You provide no values as to the house or your other assets, so a more specific answer cannot be given. There may be no estate tax concern. I suggest speaking with an attorney familiar with real estate, estate planning and death taxes, for assistance.