Tag: Life Estate

We Want to Draft Your Legacy

Can You Remove Someone from a Life Estate?

January 13, 2022
Life estates can provide effective means to create joint ownership of property, avoid probate and transfer property after death without incurring gift taxes.
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What are My Taxes on a House I Inherited?

February 26, 2021
When a house is sold, the seller is responsible for paying tax on the profit in the year of the sale.
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Is Transferring House to Children a Good Idea?

December 11, 2020
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.
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