Should I Be Named on the Deed of My Parent's House?
Full Question:
Answer:
The answer will depend on al lthe facts involved and the reason for your question. If the power of attorney grants you authority with respect to the property, it isn’t necessary for you to also be named on the deed to act in regard to the property. If you seek to inherit the home, as a joint tenant with right of survivorship, mother’s share would automatically pass to you on her death. If you are not named as a joint tenant, it is possible the mother may leave her share of the property to another in a will. A bank account may similarly name a joint owner or beneficiary to whom the assets will pass automatically, outside the probate process, and not be included in the estate of the deceased for purposes of distributon according to a will or laws of intestacy.
