Portland, OR
Estate planning Lawyer at Portland, OR
Practice Areas: Estate Planning, Business ... +3 more
This is a duplicate question. I answered the same question this morning.
yes, two effects on taxes. 1. a below market sale is a gift. so, you should file a gift tax return. the IRS wants a professional appraisal to...
Nice idea. Probably costs between $200 and $300 for attorney to make Deed. $75 to the County to record it. This would be a good time to review...
Not so easy. You need an opinion from a California licensed attorney. The law of each state is different. California more than others. You...
No. but, you might want to do so. There may be debts or claims against the decedent that a probate could cut off. There might be claims by the...
Most people would be happy a house that is security for a promissory note that they are a debtor on is being sold. Why do you think you should be...
Yes, you have to pay the taxes on a house whether they are property taxes or income taxes with a state or federal tax lien. Check the source of...
It is possible. Aiding and abetting is a crime. It depends what you do. Don't take a chance. Consult a criminal defense attorney.
Yes, you can deed the property to you children now. they take subject to the back taxes and will have to pay them. You will miss out on the step...
No tax; no tax return. Make sure the title gets changed at the dmv and the grandson gets insurance so you are not liable for any crashes after the...