Should I Add My Child’s Name to My House Deed?

Should I Add My Child’s Name to My House Deed?

As we start the estate planning process, we like to remind our clients that unexpected life events that are out of our control happen every day. When you add someone to your home deed, you run the risk of exposing your assets to whatever speed bumps they may experience in their lifetime. Once they become a joint owner that means not only do they have total access to that asset, but so do their creditors. · · · At Carolina Family Estate Planning, we understand that creating an estate plan is not the easiest topic to discuss. Perhaps the discussion started after a major life change, like a birth in the family or a loved one’s move to a nursing home. Regardless of the reason, rest assured that our firm is dedicated to providing members of the communities of North Carolina with extensive resources to help you make the best decision for you and your family. Learn every aspect of how to completely plan an estate in North Carolina: Wills, Trusts, and Estate Planning Alzheimer's Planning Asset Protection Medicaid and Long-Term Care Veterans’ Aid & Attendance Executors, Trusts & Probate Protecting Minor Children Resources for People with Disabilities Carolina Family Estate Planning 201 Commonwealth Ct 100 Cary, NC 27511 Phone: 919-823-6588 email: [email protected] http://www.carolinafep.com/