Posted on: 21st Feb, 2011 07:50 am
if a property is free and clear, no mortgage owed. i owe the irs, so i don't want them coming after all my property. i want to quit claim deed properties to my children. is that possible. i was going to give it to them anyway in my will.
Welcome babesinjoyland,
Rather than quit claiming the property now, you should put it in a trust. You should contact a real estate attorney and he or she will go through your situation and let you know which is best option for you.
Rather than quit claiming the property now, you should put it in a trust. You should contact a real estate attorney and he or she will go through your situation and let you know which is best option for you.