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Updated over 8 years ago on . Most recent reply presented by

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Chris Ryan
  • North Scituate, RI
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Best way to add a spouse to a deed of a house! (QuitClaim Deed?)

Chris Ryan
  • North Scituate, RI
Posted

Hello everyone! I am looking for legal advice. The end goal is to add a my name to my spouses home while limiting exposure to any liabilities that may be incurred on my end and avoid any probate scenarios (joint tenants with a right of survivorship). I also do not want to be liable for any gift tax to the IRS! I am a W-2 employee at my own "S" corp. There is no "due on sale" clause in the mortgage outlines. The house and business are in the State of Rhode Island.  Will a quitclaim deed accomplish all of my goals? If so, where do I get one written up and any specifics to look for in its content? Any help by legal council would be greatly appreciated! Thanks again.

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