Legal Question in Real Estate Law in Ohio
Quit Claim Deed and survivorship
I am in a law suit where I am being sued. Even though I feel I've done nothing wrong I'm still scared I may get a judgement against me and they could put a lien against my property. Can I quit claim my property to my mother to avoid this from happening? Should I also have a survivorship so that if anything happens to her the property will come back to me or is there another way to protect my assets?
1 Answer from Attorneys
Re: Quit Claim Deed and survivorship
Since the lawsuit has commenced you generally cannot transfer your assets to avoid collection.
This answer is general legal information and is not intended as legal advise nor does it create an attorney-client relationshp. You should consult with an attorney for legal advise particular to your situation.