Legal Question in Wills and Trusts in Georgia
property
I have 50 acres most in timber. I want to give my 2 children their share of the land now. Is there any legal way to transfer this land to them and reserve the timber rights? If so how would be the best way to do this? Thanks
2 Answers from Attorneys
Re: property
It is possible to deed property and reserve certain rights for yourself. If you're near my office contact me and my office likely can assist.
Re: property
In my experience as a real estate attorney, usually people who undertake transactions, like the one you are contemplating, make an error that eventually causes great cost and anguish. Your goals should be accomplished by obtaining the assistance of a real estate attorney. The cost of doing so will be minimal and risk management benefits will be enormous.
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