Posted on: 04th Dec, 2010 01:35 pm
all property is in living trust, can a portion of the property be quit claimed to family members to avoid federal estate tax??
all property in living trust, can quit claiming portions of property avoid fed estate tax
Hi greensky and cathy,
You will have to take out the property from the living trust and then use a quitclaim deed in order to transfer the property to someone else. You can contact an attorney and he will be the best person to help you in this matter.
You will have to take out the property from the living trust and then use a quitclaim deed in order to transfer the property to someone else. You can contact an attorney and he will be the best person to help you in this matter.