Real Estate Law
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Jodie...Yes, you can do this; you have a couple of options. You can transfer an undivided ownership percentage interest to your son as his sole and separate property as a joint tenancy with right of survivorship so that if he died first, his interest would go to the other owners. BUT, that wouldn't prevent him from then transferring the interest once he owns it. To best accomplish your purpose, you would set up an irrevocable trust for the benefit of your son for his life and then upon his death provide for his interest to go where you want. Then, you would transfer the interest in the property to the trust rather than the son directly.
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