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; your child’s heirs or loved ones inherit your house. Additionally,
For example, a tax lien could be filed against your house if your child has tax problems. You will have to sell your house if your child bankrupts. Another example is if your child is sued for simply a car accident, your house could be attached. This is because you make your child a co-owner of your house. Your house is now exposed to your co-owner’s creditors.
- Gift Tax – 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: firstname.lastname@example.org
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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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