I bought my girlfriend a car. It is in my name. She is paying the loan, but we are afraid that my family will take the car from her if something were to happen to me. I just want to make sure she keeps the car. I just need to know what kind of letter or legal paperwork I need to ensure that.
2007-03-12 09:21:56 · 12 answers · asked by eviegrl24 1 in Politics & Government ➔ Law & Ethics
go to a lawyer and have a power of attorney and will drafted. The power of attorney is for if something renders you incompetent to handle your own affairs and the will is for if you die.
You can then will everything to her, if that is your wish, or just the car.
I would not suggest doing the DIY wills, especially if you think your family may cause a ruckus as they are easliy contestable. Also, by the time you buy the kit and then pay a Notary to officiate it, it ends up costing almost as much.
Phone around, most lawyers will do wills and poa's pretty cheap nowadays.
2007-03-12 09:38:39 · answer #1 · answered by elysialaw 6 · 0⤊ 0⤋
That would just be a will. You can probably get away with picking up a will kit for your state from Barnes and Noble. A car is not really that large an asset that you have toworry about it if you have something written out. If she is paying the loan then put her name on the title. That would work too, although your family would be entitled to half the value.
2007-03-12 09:25:57 · answer #2 · answered by Pooky Bear the Sensitive 5 · 1⤊ 0⤋
I'm assuming the car is in your name for a specific reason, like insurance or maybe bad credit? so without transferring the title i think you could probably get a will, or find an attorney to make up some kind of contract that states that if something happens to you she can keep the car and the title will get transferred to her. or have you thought about talking to your parents about the situation?
2007-03-12 09:32:47 · answer #3 · answered by Holes_In_My_Skin 1 · 0⤊ 0⤋
Transfer the title properly & have her sign a note or purchase contract.
Or just marry her. At least that will solve the problems with your family. (Or at least THAT one.)
modify) OK, I just noticed that the questioner is also a gal. Excuse me for making hasty inferences.
Maybe you could adopt her...this HAS been done & does establish a legal relationship. Yes, it is clumsy & foolish. You should be allowed to marry, if that's your preference. If not, probably a note or purchase contract.
For legal advice, consult your attorney, not Yahoo Answers.
2007-03-12 09:25:34 · answer #4 · answered by comicards 6 · 0⤊ 0⤋
You will have to talk to the finance co. about that! Don't know if they will let her take over the loan. If it was paid off, you could have it on the title to go to her automatically, but not with a loan out on it.
2007-03-12 09:29:18 · answer #5 · answered by wish I were 6 · 0⤊ 0⤋
Contact an attorney and the lender for assistance. It's good for your boyfriend to have a will stating the car is to remain in your possession.
2007-03-12 09:26:01 · answer #6 · answered by ? 3 · 0⤊ 0⤋
Leave a will or maybe you can fill a power of attorney with the lender.. That's what i have in my bank. If God forbids something happens to me my mother has power of attorney and has access to all my money.
2007-03-12 09:26:11 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I don't think you can without getting married. Otherwise a lot of people would have done things like that without tying the knot.
That's the crux of the 'gay marriage' movement - they want to be able to have the same rights as a couple that straight people have.
2007-03-12 09:25:46 · answer #8 · answered by joemammysbigguns 4 · 0⤊ 0⤋
I will give an easy answer: Just sign the Title of the car and let her keep it... in that way she will be the owner if you die.
2007-03-12 09:26:32 · answer #9 · answered by Jersey girl on Florida. 5 · 0⤊ 0⤋
Go to an attorney who specializes in wills and trusts in the state in which you live.
2007-03-12 09:28:57 · answer #10 · answered by MH/Citizens Protecting Rights! 5 · 0⤊ 0⤋