Question: How do I add my wife to a deed for my home in Connecticut? What form do I need and will my taxes change? I live in Bridgeport, Connecticut.
Answer: If she is a US citizen there are no tax implications. You would need a lawyer to draft a deed adding her to the title. Then you would record it in the Town Clerk’s office of the town the property is located.
Question: If my brother is executor of my mom's will but I'm also on the deed, can I force him to sell her home?
My mother died in 2009 she left all her property to 6 grown children to be shared and shared alike. My brother is the executor of her will. He placed the property in all 6 children's names, on a deed, but is yet to sell the property and disburse the cash. He is holding on to her residential property plus a rental property. He is receiving the rent money from the rental. What are options? I am the second executor on the will, only if my brother is unable, or unwilling to fulfill the requests of the will.
Answer: This issue warrants investigating more facts. If he conveyed the title to all of you, then all of you are now owners, not the estate. In such case the estate should not receive the income of the property. Instead all 6 of you must share it, and declare your respective share of the net income on your income tax returns. If the property is still in probate, then the rental income is income of the estate and must be duly reported on the accounting as presented to the court. So, if the property is owned by all 6 of you, then you all should agree to get a realtor, list the property and sell it.