How do I go about real estate title transfer?
I have been co owner of my parents house/ property for 20 years. They have both passed recently making me sole owner. I want to give the property to my brother.
How can I go about doing this without going to a lawyer?
Comments
Giving real property away isn't as simple as you may think and there are huge tax consequences (i.e. gift taxes) in doing so. Do yourself a favor and hire a lawyer on this one.
CONTACT local lawyer as 'giving' house to brother,
here, will cause u massive legal problems and
TAX costs. he will have problems also.
learn your local TAX, Real Estate, Giving laws
b4 getting into problems.
Google: quit claim deed.
QUIT CLAIM DEED IS WHAT YOUR NEEDING