Gifting a House to Children?
Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.
August 19, 2021
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Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.
Taking a few simple steps now can potentially help save your beneficiaries thousands in legal fees and taxes.
Prince’s 2016 death created one of the largest and most complicated probate court proceedings in Minnesota history.
The ongoing coronavirus pandemic has pushed many people to make long-delayed decisions about estate planning. Many people will try the do-it-yourself route via various websites or books. Internet DIY websites make it easy to download forms, but there are mistakes people make when they try do-it-yourself estate planning.
Estate planning is the process of arranging who will receive your assets when you die.
You would like to pass a house tax-free to your heirs. After all, you want to give them a gift, not the burden of taxes. How do you do that?
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