Estate Planning Myths About Real Estate (What Homeowners Get Wrong)
Think adding your child to your deed avoids probate? Think again. Learn the biggest estate planning myths about real estate—and the risks behind them. There’s a lot of misinformation when it comes to property and estate planning.
Let’s clear up the biggest ones!
Myth #1: “If Both Spouses Are on the Deed, We Avoid Probate”
Myth #2: “Adding My Child to the Deed Is a Simple Fix”
FAQ: Can I Force My Spouse to Add Me to the Deed?
FAQ: Can I Remove Someone from My Property?
Most “quick fixes” with real estate create long-term problems.
Read the answers to the FAQ and the reasons behind the myths here!
Bottom Line
I hope you read the attached answers. You will see that most “quick fixes” with real estate create long-term problems. Proper estate planning and working with an experienced estate planning attorney is necessary.
Proper planning avoids:
- Family conflict
- Tax issues
- Legal complications
In my office we will walk you through:
- What your current deed actually says
- What risks exist today
- What your options are
- How to fix issues the right way
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