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how can a warranity deed help reduce gift tax?

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Post Posted: Wed Mar 24, 2010 12:15 pm    Post subject: how can a warranity deed help reduce gift tax?
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will a warranity deed keep the value of the property from being included in value of the deceased's estate for estate taxes?
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adonis




Joined: 22 Oct 2005



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Post Posted: Thu Mar 25, 2010 12:31 am    Post subject:
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Hi Guest,

I don't think that the warranty deed will help you in reducing the gift taxes or estate taxes. However, for more information in this regard, you can speak to a tax expert and a real estate attorney.

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