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Questions Answered by Stephen John Reichert

1 Answer | Asked in Estate Planning for Maryland on

Q: My young daughter inherited 100k from my parents estate. Can she be added as joint owner w me on their house to satify w

I inherited all of my parents estate with exception of $100k that is supposEd to be in a trust. There isn't any cash in estate just very nice home in which we live in and 2 cars. If I add my daughter to be joint owner on the deed will that satisfy the will or will probate judge make me sell the... Read more »

Stephen John Reichert answered on May 22, 2014

Look to the Trust language as it should specify how (from what assets) the Trust should be funded. What you propose seems unlikely to satisfy the conditions of a Trust as the property would not be in the Trust if your daughter was simply added to the Deed.

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