Transferring property to a family member can be a meaningful gesture, whether it’s a gift, part of an estate plan, or a strategic financial choice. However, understanding the tax implications is key ...
The Trump administration has another idea to make housing more affordable: Let homeowners take their mortgage rate with them ...
Conveyance involves the legal transfer of property ownership through conveyance documents. Common types include fee interest, leasehold interest, life estate interest, easement interest, and license ...
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How to Handle Property Transfers from a Trust When Someone Dies
After a grantor passes away, becoming the trustee can be daunting, especially if you’re responsible for distributing property ...
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Selling Inherited Property: What You Need to Know
Selling a home you inherit can trigger capital gains taxes, though you might not owe anything if you sell right away. If you live in the property for a couple of years before selling, you might be ...
Dear Liz: I own several properties. I have a living trust that names my two minor children as beneficiaries. I’ve told my attorney that I want to transfer the properties to my children using the ...
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