What Happens If My Parent Signs the House Deed to Me? | NC

About this video

Q: What happens if my parent signs the deed to the house over to me before passing away? A: If your parent signs a valid deed and properly delivers it during life, the house usually becomes yours right away... and it generally does not go through probate when your parent dies. But that kind of transfer can create serious issues. Your parent may lose control of the property now. Other family…