Legal Question in Wills and Trusts in California
Quick deed
Hello,
I have power of attorney over my mother. she owns her home. can I quick deed the property over to my name even though I have POA over my mom. thank you
Asked on 5/29/06, 1:05 am
1 Answer from Attorneys
Scott Schomer
Schomer Law Group
Re: Quick deed
It depends upon whether or not your mother granted you that power under power of attorney. You didn't explain why you want to take such an action; I would be very careful before doing this. Besides the appearance of self-dealing, you also potentially trigger several negative tax consequences. See an attorney for more details.
Answered on 5/29/06, 12:17 pm