Legal Question in Real Estate Law in Georgia
I own 3.75 Acres in Georgia that I recently inherited about 6 moths ago. I want to give my mother some of the land for her birthday. How do I go about doing that. Will it cost money?
Asked on 6/17/17, 4:27 pm
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
You'd need a lawyer to draft the deed which isn't that costly. You'd have to pay a surveyor to divide the property so the deed can be drawn. If the value of your gift exceeds $14000 you also need to pay a CPA a small fee for the required gift tax return (the tax would presumably be zero). You'd also have deed recording fees likely $10 to $12
Answered on 6/17/17, 5:15 pm