Elder Law Answers
What Is Probate?
Read more
What Are the Pros and Cons of Adding My Adult Daughter to the Title of My Home?
- October 9th, 2014
Q
I am a single woman and wish to add my daughter's name on the title of my home with right of survivorship. What are the pros and cons?
A
While we can’t go into all the details here either of the pros and cons or the various alternatives, the main advantage of adding your daughter’s name to your house is that doing so will avoid probate and make it easier for her to take possession upon your death. The main disadvantage is that the property will be subject to claim for your daughter’s debts and could even come into the picture if she were to get divorced.
For more on the different ways to co-own property, click here.
Local Elder Law Attorneys in Ashburn, VA
Meet Jean Ball
(703) *** ****
Learn more
Jean Ball
Hale Ball Carlson Baumgartner Murphy PLC
Jean Galloway Ball is certified in Elder Law by the National Elder Law Foundation. She is a 1977 honors graduate of the National Law Center, George Washington University, and she did her undergraduate work at the University of California at Berkeley, graduating Phi Beta Kappa in 1971. She is admitted to practice in Vir...
(703) *** ****
Tell us about your legal issue and we will put you in touch with Jean Ball.
Meet Judith Mitnick
(703) *** ****
Learn more
Judith Mitnick
Needham Mitnick & Pollack, PLC
Judith Mtinick is well known for acting as a guardian, conservator, trustee or agent on behalf of clients or by court appointment. This experience gives her a wide perspective and extensive practical knowledge that she uses when advising clients in drafting their planning documents. Her experience, as a court appointed...
(703) *** ****
Tell us about your legal issue and we will put you in touch with Judith Mitnick.
Meet Daniel Steven
(301) *** ****
Learn more
Daniel Steven
Daniel N. Steven, LLC
Daniel N. Steven is an attorney licensed in Maryland and the District of Columbia. with many years of experience in complex estate planning and Elder Law. He is rated by Martindale-Hubbell as an AV Preeminent 5.0 out of 5 rated attorney.
(301) *** ****
Tell us about your legal issue and we will put you in touch with Daniel Steven.
