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lawmotherco

2024-04-27 16:50:40

daughter i'm retiring and giving you my house this will make it easier when i die and you can help me manage it don't do that dad
you don't want my house i do want the house it's just you bought the house for one hundred thousand and it's now worth eight hundred thousand dollars
if you transfer it to me while you're alive
i'll be responsible for paying capital gains tax on that growth
i don't want that what should i do put your house in a trust and named me as the beneficiary
this will transfer to me capital gains tax free it will avoid probate and i can help you manage it
smart how did you learn this
i follow along mother she's a money protection lawyer and you should too