Tag: How to add a spouse to a deed

5 Things to know before Adding a Spouse to a Deed
Personal Finance

5 Things to know before Adding a Spouse to a Deed

So your spouse moved into your home and you want to add her to the deed? A lot of people impulsively decide to add their spouse to the deed. So, if something unexpected happens, she can claim the house or your assets. This is a great idea if you really trust your spouse and have other more valuable assets under your name. But this asset is the only valuable thing you have, then you should be careful before adding your spouse to the deed. Here are 5 things to know before adding a spouse to a deed. 1) Are you purchasing the asset with your own money? If you are purchasing a house or a property with your own money or money that you inherited from your parents, then it would not be a great idea to add your spouse to a deed. In this case, you want to be the sole owner of the p...