Full question:
I live in Miami-Dade County, Florida. I would like to know how do I go about adding my name to the Deed of my father's property. I have full power of attorney and I am my father's care taker. He has asked me to sell the house after he has passed on and divide it equally between all of us children. I want to do this so it will be eaiser for me to sell the property without any legal issues or problems.
- Category: Real Property
- Subcategory: Deeds
- Date:
- State: Florida
Answer:
You can add your name to the deed by having your father transfer the property to both of you, provided he is competent to sign a deed. If you hold a power of attorney that allows you to convey real property, you can sign a deed on his behalf. This deed should include language indicating joint tenancy with rights of survivorship if the property is to go to you only.
However, this method may lead to tax and gift issues later. If your father has a will that specifies the property should be sold and the proceeds divided among the children, that could be a better option. He must be competent to create a will if he doesn’t have one already. If he does not live on the property, it could potentially be sold now.
There are various options and issues to consider in your situation.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.