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July 11, 2016

Should I add my family member’s name on my assets and avoid a will?

by Aubrey Harry Ducker Jr. in
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Many people understand that just placing someone else’s name on an asset such as with a life estate deed with a quick claim deed or as a joint owner of a bank account will grant that other person access to the asset once you die. Not only does it grant them access to the asset once you die, it can give them access to it today. You should be very careful before placing their name on that asset.