Should a parent remove their name from the deed to their childs house

Attorney Tom Olsen: Here's a text from Bill. Bill says that he helped his daughter buy a home and both of their names are now on the deed. Should he leave it that way? Or should he take his name off the deed? Bill, that's a great question. First of all, we would want to take a look at the deed. If we're going to leave Bill's name on the deed, we want to make sure that he owns it with his daughter as joint tenants rights of survivorship so that if Bill passed away, his interest in the home would automatically go to the daughter. We want to make sure of that. Number two, Bill, if there's not a good reason for you to keep your name on a deed, it probably would be appropriate for you to take your name off the deed and put the whole thing in your daughter's name.

Attorney Chris Merrill: Right. Yes. Interesting you say that. I think that even more recently-- Of course, we deal with this all the time, but more recently, there have been a lot of questions from clients about how their existing deeds are titled and if it is the proper way. No matter what your circumstances are with the title to your property and your deeds, we are able to quickly give you answers.

Why? Because even when we're talking on the phone, we are able to look up the information that is necessary, and to quickly tell you how your deed currently reads, and what would be necessary if you want to make changes based upon what you're looking to do or what your goals. Again, it's something that any one of our attorneys-- You can give us a call and we are able to quickly give you the information that you need.

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