Stevensville, MD asked in Estate Planning for Maryland

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 house or take out $100k mortgage?

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1 Lawyer Answer
Stephen John Reichert
Stephen John Reichert
  • Estate Planning Lawyer
  • Baltimore, MD
  • Licensed in Maryland

A: 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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