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IRS and Quit claim

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babesinjoyland@yahoo.com Guest	Posted: Mon Feb 21, 2011 8:50 am    Post subject: IRS and Quit claim Like 0 Dislike 0 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. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Mon Feb 21, 2011 10:26 pm    Post subject: Like 0 Dislike 0 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. _________________ Procrastination is the enemy of your financial success

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