Martin, TN asked in Family Law and Real Estate Law for Tennessee

Q: I am letting my son take over my payments of my home and giving him title to home...I can live until my death...

What legal questions or papers should I have filed in order to feel safe in this move....he has a girlfriend that lives with him and they have a child. They are not married. Should she and my son have an accident and both are killed.....where does this leave me with all the legal issues???? Thank you....

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1 Lawyer Answer
Mr. William Ray Glasgow
Mr. William Ray Glasgow
Answered

A: You need the personal advice of a lawyer. Don't do this until you get that advice. There are many ways to allow your son to have some ownership in your home in exchange for his paying the notes, but there are many, many pitfalls that could harm you both if you don't accomplish your goal properly. Meet personally with at least one lawyer, preferably more than one.

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