Part of going through a divorce is trying to figure out how to separate assets and property. When it comes to the family home, if the divorce agreement involves one of the parties taking ownership of the house, the deed must be changed. Some divorcing parents and estate planning do-it-yourselfers view this as an opportunity to take shortcuts and put their child’s name on the deed, i.e., creating a “joint tenancy”. That way, they reason, they wouldn’t have to draft a will and their child would get the home upon the parent’s death without having to go through probate.
But, according to Rochelle A’Hearn, an attorney and our Divorce With Dignity to find a Divorce With Dignity specialist near you.
The author of this blog is not an attorney and the information contained in these blogs should not be considered legal advice. The information provided here is based on the experience of the author and some of her clients whose actual names are not mentioned. Do not hesitate to seek the advice of an attorney if you have any legal questions.