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 name could be added by a deed from Father to Father and you if he is capable of signing a deed i.e. competent. If you hold a power of attorney to transfer property, you could sign a deed to you and Father on behalf of Father as his attorney in fact under the power of attorney. This assumes the power of attorney authorizes you to convey real property and is recorded. If the property is to go to you only, then the deed must contain joint tenants, with rights of survivorship language.
However, this approach may or may not be the proper approach to resolve the issue. If Father dies and the property goes to you and then you give the proceeds to your brothers and sisters there could be tax issues, as well as gift issues. Does your Father have a Will? If he left the property in a Will, with directions that the property be sold and the proceeds divided among the children, that could also be an option. He must be competent to make a Will, if he does not already have one. Does he live on the property? If not, it could be sold now. You will note that there are options as noted above, as well as other options and issues that could exist in your situtation.
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.