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Do you have a quick claim deed for Tennessee?

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betty

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Post Posted: Wed Feb 02, 2011 5:15 pm    Post subject: house in tn
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We now have our daughter on our deed ,can we now add on our 5 grandchildren ?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Location: Alaska
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Post Posted: Wed Feb 02, 2011 10:32 pm    Post subject:
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Hi betty!

Welcome to forums!

You and your daughter can sign a warranty deed and add your five grandchildren in your property deed.

Feel free to ask if you've further queries.

Sussane
jody martin

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Post Posted: Tue Jul 05, 2011 6:52 pm    Post subject: quit claim deed creates gift tax liability?
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2 brothers own a home, that was left by the parents. The estate has been settled for 3 yrs now. One brother wants to pull his interest, out and thinks it will create a gift tax burden. We are in Tennessee. Can we just use a quit claim form?
Icon Mini Profile jameshogg
jameshogg




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Location: Nevada
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Post Posted: Tue Jul 05, 2011 11:03 pm    Post subject:
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Hi jody,

As far as I know, both the brother's may have to file an affidavit of heirship at the county recorder's office and get the property transferred in their names. It will be a better option to consult an attorney and take his opinion in this regard.

Thanks
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