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infoneeded782 · Joined: 16 Apr 2009 Posts: 1 1.24 Dollars($)

What is the most tax efficient way for parents to transfer the ownership(whole or part) to their child?

Niicss · Posted: Thu Apr 16, 2009 2:48 am Post subject:

Hi infoneeded

The most easiest way to transfer property to your child is through a quitclaim deed. However, you can also use a trust in order to transfer the property to your child. Your child can be the beneficiary of the trust. While forming a trust, I would suggest you to contact an attorney and take his opinion in this regard.

Thanks.

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Most Tax Efficient Way To Transfer Property