I was recently married and want to add my new spouse to title, will this be taxed? Whether you were recently married or married fifty years ago, adding or removing a spouse from the title to a property is exempt from Recordation and Transfer taxes. I have a partner and Read more…
Adding or removing a person from the deed to your real property is a significant decision that requires careful consideration of several factors. Whether you’re adding a family member, partner, or business associate, or removing someone due to a sale, divorce, or other circumstances, here are some deed transfer considerations: Read more…
Transferring real property to a revocable trust offers several compelling benefits that can simplify estate planning, provide privacy, and offer flexibility for property owners. Here are some reasons to consider a Deed transfer to a revocable trust. Avoiding Probate: One of the primary advantages of placing real property in a Read more…
Getting married is a significant life event that often brings about various legal and financial considerations. One crucial aspect that newlyweds should not overlook is revising the deed to any real property they own. Below are some reasons for updating a deed after marriage. Ensuring Legal Co-Ownership When both names Read more…
Delays in transferring a deed from an estate to the heirs can result in legal complications. Here are some reasons to promptly prepare a deed transfer from an estate. Avoid Legal Complications Delays in transferring a deed from an estate to the heirs can result in legal complications. The longer Read more…
Adding or removing a person from the deed to your real property is a significant decision that requires careful consideration of several factors. Whether you’re adding a family member, partner, or business associate, or removing someone due to a sale, divorce, or other circumstances, here are some deed transfer considerations: Read more…