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Can I do a QuitClaim Deed to family but not as a gift?

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Guest	Posted: Tue Feb 08, 2011 3:35 pm    Post subject: Can I do a QuitClaim Deed to family but not as a gift? Like 0 Dislike 0 I would like to sign my property over to family, but don't want them to pay a gift or inheritance tax. Is it possible for the property to just change hands. They would be responsible for property tax after the deed is transferred.
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Feb 08, 2011 7:45 pm    Post subject: Like 0 Dislike 0 Hi Guest, You can sell the property over to your family for a stipulated amount. Thus, you won't have to pay the gift taxes or they won't have to pay any inheritance tax. Thanks

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