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How Should You Leave Your Family Home to Your Heirs?

Many people are reaching that point in their lives where they are faced with the decision of what to do with the family home upon their passing.

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Some consider whether to sell the home while they are still alive and consolidate the proceeds in anticipation of them being divvied up amongst the heirs, while other people prefer to stay in the home for the remainder of their lives but leave the house to their children The latter option can be accomplished via either a will, deed, or trust.

If you are interested in forming a trust or need other estate planning documents, the first step is to get in touch with an attorney who is well-versed in estate planning, including tax and inheritance implications, and whom you trust.

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