Posted on: 20th Mar, 2009 03:26 pm
Can some one please explain to me the difference between a Quit Claim versus a Quit Claim by Gift Deed.
Does one offer better protection against future potential liabilities than the other ?
What are there tax implications for signing one over the other.
Appreciate all your helpful insights in this regard.
Thanking you in advance......
Does one offer better protection against future potential liabilities than the other ?
What are there tax implications for signing one over the other.
Appreciate all your helpful insights in this regard.
Thanking you in advance......
Hi needa,
This query has been discussed on the followig page:
http://www.mortgagefit.com/quitclaim/taximplications-giftdeed.html
This query has been discussed on the followig page:
http://www.mortgagefit.com/quitclaim/taximplications-giftdeed.html