How can I get a house out of my name and only in the name of my wife?

Question

How can I get a house out of my name and only in the name of my wife?

Answer 1

tack care man!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!...

Answer 2

Quit Claim Deed or Disclaimer Deed depending where you live. doesn't take you off the Note. just the Deed

Answer 3

Why and where (what state or country)?  In many areas, anything acquired or paid for during marriage is considered community property owned by both, regardless of whose name is on it.

Check with your attorney to see if that would even get you out of whatever undisclosed issue you are trying to avoid.

Answer 4

It depends on where you live.  Here in North Carolina, all real property acquired during the course of a marriage is considered a joint marital asset, equally owned by both spouses regardless of the names listed on the deed or the mortgage papers.  And, if one person owns a house and then marries later, that house is again joint marital property if it is the couple's primary residence.  

You will need an attorney to help you determine whether or not you can remove your name from the property.  If you are doing this in preparation for a divorce, or if you are trying to shield assets due to bankruptcy, or even if you're trying to shield assets because of an upcoming retirement, you'll have to be honest about this with the attorney.  Some assets can be transferred to the other spouse, but there will be a period of time after the transfer where a creditor can still put a lien against the property because of something the husband owed before his name was removed.

There may also be income tax implications if the house is sold later.