There are several methods that could be used to ensure that your home would be owned by your fiance in the event you should pass away. You could transfer the real estate into joint tenancy ownership with your fiance. You could transfer to the real estate to yourself using Transfer on Death language in the deed. You could execute a Will or Trust that includes a section transferring the house to your fiance. Each of these methods have advantages and drawbacks. Each of these methods have different legal ramifications now while you are alive and ease of transition after you pass away. You should meet with an attorney that could describe the legal ramifications of each method to determine which method best suits your needs and situation.
Answered on May 16th, 2016 at 5:06 AM