In 1987 we purchased a home in the state of California, county of San Diego, as "husband and wife as joint tenants."
She died intestate in 2001 and since she had no other assests or liabilities, I didn't probate her estate at that time.
Today I want to change the title on the home so as to place it into my revokable living trust.
However, if at all possible I don't want to loose half the federal tax basis on the property.
How do I change the title so as not to loose half the basis on the property or suffer other negative federal tax consequences?
Do I have to put my deceased wife's estate through an expensive probate so as to gain the assistance of a probate judge in making declarations and changing the title?
Or can I just record some forms with the county recorder?