Legal Question in Wills and Trusts in Florida

If I own a car and have my daughter put on the title with me, when I pass can they take the car away as an asset to pay any debt I have? thanks


Asked on 6/06/14, 2:29 pm

2 Answers from Attorneys

Joseph Pippen Law Office of Joseph Pippen & Associates

No-they can't take the car but if you have an accident while living-they might be able to sue your daughter because she also owned the car.

Read more
Answered on 6/06/14, 2:37 pm
Barry Stein De Cardenas, Freixas, Stein & Zachary

Title the car as tenants with rights of survivorship and when you pass the title automatically transfers to the other owner. She may need to get a new title from the State, but the legal ownership would be hers. If you title it as tenants in common your interest would be subject to your debts at death.

Read more
Answered on 6/06/14, 2:46 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Florida