MarketWatch Article: I want to make sure my son always has a place to live. Should I add him to the deed for my house?

By Jacob Passy

Dear MarketWatch,

I have a 31-year-old adult son with special needs. I am 73 years old and plan on moving back to New York and buying a home after I sell my current home in California.

I want my son to always have a home. I want to put his and my name on the deed. He has a special-needs trust, which I am thinking of dissolving unless the home can transfer to him.

He is not conserved. Would appointing a power of attorney be in his best interest to make sure his name stays on the deed, or should I just put his name on the deed so the house turns over to him upon my death? Not sure which way to go with this.

Sincerely,

Uncertain Mother

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