Skip to Content
Top

Can I Avoid Probate by Adding My Children to My Deed?

Adding children as owners of the house is not a good idea. If they divorce, die, file bankruptcy, or have some other type of tragic occurrence, then you could lose your house. We can add something to the deed called a transfer on death affidavit, but that has weaknesses, too. If one of those beneficiaries under that affidavit dies, then the survivors would take the house. Then the children of the deceased beneficiary would take nothing, so you would end up disinheriting those grandchildren. Moreover, if a transfer on death beneficiary is in a bankruptcy or divorce, then their inheritance could be jeopardized when you pass on. Although a TOD affidavit is an inexpensive alternative, one must understand it has these risks. However, if you use a trust to hold the house and then distribute it at death through the trust, it’s a much sounder alternative that gets around these problems.

Empowering Families With Smart Planning

Contact Us Today to Get Started

A member of our team will be in touch shortly to confirm your contact details or address questions you may have.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.
  • By submitting, you agree to receive text messages from Lovett & House at the number provided, including those related to your inquiry, follow-ups, and review requests, via automated technology. Consent is not a condition of purchase. Msg & data rates may apply. Msg frequency may vary. Reply STOP to cancel or HELP for assistance. Acceptable Use Policy

In Their Own Words

Read Through Five-Star Client Stories
    "He Made It Easy"
    Bill was very friendly, knowledgeable, and kind. He made Estate Planning fun, fast and easy. We both feel relief to know our wishes are spelled out and our assets are protected!
    - Sherry C.
    "No Surprises With Fees"
    Mr. Lovett and his staff were extremely helpful in planning a trust for my special needs daughter. He explained the process in a way that I understood.
    - Tamara M.
    "Made It Easy to Understand"
    George Lovett made our estate planning easy to understand and informative. He used our personal information to create a plan that was tailor-made to us.
    - Pamela O.
    "Sensitivity And Effectiveness"
    Planning my estate was handled with sensitivity, efficiency and thoroughness. All my questions were answered fully and with respect.
    - Mary R.
    "Treated With Respect"
    We were impressed with his knowledge of estate planning and business law. All questions we had were answered promptly with the professionalism one would expect.
    - Paula R.
    "A Genuine Pleasure"
    Mr. Lovett and staff were very informative and presented with a wealth of knowledge. They always respected our thoughts and decisions.
    - Tina L.
    "A Pleasant Experience"
    A pleasant experience. Everyone was very helpful and cordial with both my daughter and me. I can highly recommend Lovett & Lovett to my friends who need this kind of planning.
    - Ersle S.
    "I Felt Comfortable"
    I felt comfortable when I walked in the door and no longer felt uneasy about being there. Elizabeth made sure I understood all the documents.
    - Rhonda R.