Ask a Law Question, Get an Answer ASAP!
Hi, thank you for your question. Spouses are free to transfer and gift property and assets between them without restriction, however you should be aware that you will no longer hold a legal interest in the property. In the event of a divorce the share that she holds will be taken into account.
Furthermore, you will need to review how the title is held between her and your mother if it is transferred to her. If it is as joint tenants, upon the death of either of them, the whole title automatically transfers to the other even if there is different provision in a will. However, if it is held as tenants in common, each of them will hold their own separate share of the property which can be passed on in a will or under intestacy rules.
I hope this assists you. If you found this information helpful please provide a positive rating using the stars at the top of this page. I will not be credited for your question without a positive rating. Thank you.