My soon to be ex and I are doing our divorce without lawyers, and I agreed to sign over the house to him. Can I sign it over to him and our children, who are both minors? Since he is not paying me a cent for my half of anything, i felt this was the best way of doing it.
Hi Suzanne,
While you may sign the house over to your soon to be Ex, it would be a big mistake to put the property in the names of your minor children as well. If a minor owns property in NY State and the property were to be sold, a Supreme Court Judge would have to approve the sale. Obviously, involving the Supreme Court is a very expensive and somewhat unpredictable process. You could, however, retain a portion of the house with the express understanding that it was being held for the benefit of the children.
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