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Old 07-07-2005, 11:52 AM
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Can I be on the mortgage and not the title?

I am in California. I recently had a run in that could have gone bad and cost me everything. I have a family and would like to protect them from any future trouble by distancing myself from any shared assets. I don't mind giving the house and all it's equity to my wife and children. Can I do this? Should I do this? Will this help if I'm sued in the future?
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Old 07-07-2005, 10:37 PM
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Quote:
Originally Posted by Ric V
I am in California. I recently had a run in that could have gone bad and cost me everything. I have a family and would like to protect them from any future trouble by distancing myself from any shared assets. I don't mind giving the house and all it's equity to my wife and children. Can I do this? Should I do this? Will this help if I'm sued in the future?

**A: consult with a real estate or estate/trust attorney.
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