Aestar – 2/6 It’s more flaw than merit to transfer title to children!

Aestar LLC supervises the sale transactions, verifies legal documents, and insures real estate titles.

Aestar LLC is a different title company. Aestar offers knowledge to protect consumers: buyers and sellers.

To avoid probation, many people add their child’s name on the deed to their house. The disadvantages outweigh the advantage of avoiding probate. For example, you lose the control of your house. Additionally,

2. Someone other than your child may inherit your house.
If your child dies before you, your child’s ownership interest in the house could pass to their heirs or their loved ones such as a spouse. You could end up owning the house with your son-in-law or daughter-in-law.
3. Creditors – To continue

Contact me should you have further questions.

Jonathan Kan, Licensed Title Producer/Notary Public
Aestar Settlements LLC
15881-B Crabbs Branch Way, Rockville, MD 20855
C: 240-351-6098 F: 888-501-3060 E: [email protected]
www.aestar-settlements.com
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This column is not legal advice and should not be acted upon without obtaining your own legal counsel.
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Jonathan D. Kan, ESQ. is admitted to practice before the Court of Appeals of Maryland in 2017. Mr. Kan graduated as a Juris Doctor of University of Baltimore School of Law, Maryland, in 2017, concentrating on criminal, trust and estate, and real estate laws. Mr. Kan has published the Aestar Blog since 2015. He co-founded Aestar LLC in 2013. Mr. Kan has been a licensed title producer, settlement agent, and notary public serving the Maryland and Virginia states since 2013.

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