Can’t I Just Add Another Person to My Accounts or Title to Property to Avoid Probate?
Yes you can, however, it is rarely suggested. This is an invitation for problems. The person you add may have (or in the future may have) creditors or a spouse that may try to levy or claim an interest in those assets. Furthermore, there are oftentimes, gift tax issues or tax basis issues that arise by simply putting another person on title to your assets. 18. I Have a Question You Have Not Answered Do not hesitate to call our office to discuss your question at (209) 472-9100 or you may email us at Questions@rishwainlaw.com The Rishwain Law Firm Estate Planning, Wills and Trusts lawyers in Stockton, California (San Joaquin County) serve all of Northern California including: Stockton, San Joaquin County, Modesto, Bakersfield, Fresno, Alameda, Contra Costa County, Fremont, Hayward, Oakland, Sacramento, San Francisco, San Jose, Santa Clara, Stanislaus County, Walnut Creek and many other communities. We have over 60 years experience in providing trustworthy, ethical representation to our c
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- Can’t I Just Add Another Person to My Accounts or Title to Property to Avoid Probate?
