"Grant Deed and The Will"?

Question

I have property by "Grant Deed" from my Dad & Mom, 7 years ago.
Now, I'm living with My wife, Mom & Dad.
They love my wife because I saw my wife is a good person, nice and respect Us.
I planning to make" A Will" if I die someday, "My Wife as beneficiary of property" and as "a life estate My Mom & Dad, to protect them"
What do you think about my Will.
.
Please, I need your advice, Thanks

Answer 1

don't do it. not like this, anyway. granted, you could do a lot of things with your property in a will. Problem is: you can control property, but not people. For instance, what if your parents adore your wife now, but after you die, they don't like her? Do you want her to end up homeless? On top of that, if you only use a will, it will, your property will go through probate. Think about taxes :(

What you really need to do is sit down with an attorney, and work up either a deed or a trust that is going to really protect everyone you care about, for all the right reasons. Your family is worth it.