NEWS

Why Adding Your Kids to the House Title Will Cost You

Q: My parents have both of their names on their house as joint tenants. My mother has been diagnosed with dementia and is now in long term care. My dad has trusteeship and guardianship for her. He wants to put his four daughters on the title of the house. How is this done and what is the procedure? Can this be done? —ST A: I’m sorry to hear about your mother’s condition, ST. Dementia is a horrible disease. If your father is a joint tenant on the house and has power of attorney or property for your mother, he is in a position where he can do whatever he sees fit with the house. He has two of two “votes,” so to speak, with the asset. The power of attorney also governs her personally-held asset

Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square

Kimberley Office

  • Facebook Basic Square

Fernie Office

Office Locations

CRANBROOK

201-907 BAKER STREET
CRANBROOK, BC
V1C 1A4

 

TEL: (250) 426-7211
FAX: (250) 426-6100

CRANBROOK@ROCKIESLAW.COM

 

» VIEW MAP

FERNIE

202-502 THIRD AVENUE - BOX 490
FERNIE, BC
V0B 1M0

 

TEL: (250) 423-4446
FAX: (250) 423-4065

FERNIE@ROCKIESLAW.COM

 

» VIEW MAP

SPARWOOD

BOX 1886, #116 101 RED CEDAR DRIVE
SPARWOOD, BC
V0B 2G0

 

TEL: (250) 425-2114
FAX: (250) 425-2204

SPARWOOD@ROCKIESLAW.COM

 

» VIEW MAP

KIMBERLEY

201-290 WALLINGER AVENUE
KIMBERLEY, BC
V1A 1Z1

 

TEL: (250) 427-0111
FAX: (250) 427-0555

KIMBERLEY@ROCKIESLAW.COM

 

» VIEW MAP

INVERMERE

BOX 2647-906 8TH AVENUE
INVERMERE, BC
V0A 1K0

 

TEL: (250) 342-4447
FAX: (250) 342-3298

INVERMERE@ROCKIESLAW.COM

 

» VIEW MAP

© 2016 - 2020 by Rockies Law Corporation. Website proudly created by Suite-Apps.com