---

quick deed transfer

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
wayne holmes Guest	Posted: Mon Apr 11, 2011 8:10 am    Post subject: quick deed transfer Like 0 Dislike 0 Three sisters involved. Two are quitclaiming to a third sister . Is there a tax benefit to the third sister if done within a year of their father's death. Also is there anything to be aware of? Thanks, Wayne
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Apr 11, 2011 7:55 pm    Post subject: Like 0 Dislike 0 Hi wayne! Welcome to forums! If the two sisters are quit-claiming the property as a gift, then they will be liable for paying the gift taxes. As far as the tax benefits for the 3rd sister is concerned, you need to contact a CPA for that purpose. The CPA will be able to help you in a better way. Feel free to ask if you've further queries. Sussane

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0