Legal Question in Wills and Trusts in Indiana

Realestate

Can I sign my paid -off house over to my children now or sell it to them for a dollar and have them avoid paying inheritance tax?


Asked on 2/21/08, 1:23 pm

1 Answer from Attorneys
Samuel Hasler Samuel Hasler

Re: Realestate

You can do what you want, but if the question is about how to avoid Indiana's inheritance tax then the answer is a bit different. Indiana's inheritance taxes does not apply for children unless the value of what they receive is more than $100,000.00.

Read more
Answered on 2/25/08, 8:10 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Indiana