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bittes · Joined: 11 May 2011 Posts: 1 1.27 Dollars($)

hi, i am planning on filling for bk within the next year and i have a lot that i bought cash in order to leave it to my son. do u think i can do a quitclaim on it and transfer it to my son, so i don't lose it? i live in florida.

smithsussane · Posted: Wed May 11, 2011 10:49 pm Post subject:

Hi bittes!

Welcome to forums!

You can sign a quitclaim deed and transfer the property to your son. However, you shouldn't file bankruptcy within 1 year of the property transfer. If you do so, the property transfer may be considered as fraudulent. Before transferring the property to your son, you should contact a real estate attorney and take his opinion in this matter.

Feel free to ask if you've further queries.

Sussane

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