Legal Question in Real Estate Law in California

Re: Add my two sons to house title! What's needed?

Louis, I strongly advise you to talk to an estate-planning attorney before you make a gift of real estate to your kids. There are much better ways to make sure your children get your property without probate and without needlessly paying gift and capital gains taxes. You can save the boys (and maybe yourself) buckets of money by using a trust or something of that sort to transfer ownership.

There is a right way and a wrong way and probably several semi-OK ways to do this. A few hndred bucks spent of solid advice will reap huge rewards. Give the family wealth to the boys, not the tax collectors.

Re: Add my two sons to house title! What's needed?

Louis, you have received excellent advice from Mr. Whipple.

Follow it.

Good luck!

Re: Add my two sons to house title! What's needed?

Louis, there are several options available to you and it would take a short consultation to know what method would best achieve your goals.

Our firm does estate planning work in Orange County and we have helped many people with situations like yours. Feel free to call or email for a free consultation.

-Ben