Append Title Deed For Free

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Another troubling complication arises when you add a person to your deed?they become a legal co-owner of the house. This means they would have to consent to the sale of the home or take out a mortgage or home equity line, etc.

How do I add someone or remove someone from my deed? Property ownership is not like a car title. To make any kind of change to ownership of property, a new deed will need to be prepared and recorded in the Clerk's Office where the property is located.

Many people might see this as a simple method of estate planning. However, it may be a bad idea. Depending on the type of deed, your and your parents' finances, and other factors, this could subject you to tax liability and affect your parents' Medicaid eligibility.