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Question for the Money Doctors

Question submitted on Jun 25, 2013.

Question

After my father died, my mother had usafrux of the house. She owned 50% and the 3 kids owned 50% Homeowners insurance has been in my mother''s name only for many years. My mom recently died. We need too open successio to have clear title to the house. Can the kids names be added to the homeowners policy until the house is sold?

Answer

This is a question best answered by your insurance agent, who will be able to review the terms of your Mother''s policy and let you know the best way to change the paperwork after your Mother''s passing.


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