Legal Question in Real Estate Law in Kentucky
Give our interest in a property to our daughter
In kentucky, how do i transfer ownership of a property i solely own, to my daughter? Thank you for this valuable service!!
Bonnie
2 Answers from Attorneys
Re: Give our interest in a property to our daughter
The how to is easy. Why is another and more important question. When one knows the answer to that question one can advise on whether this is the best thing to do or not. Usually giving appreciated assets like real estate to children as a gift prior to death is a "tax stupid" thing to do.
I advise you consult an attorney. The modest consultation fee may well save you and your daughter many thousands of dollars.
Re: Give our interest in a property to our daughter
If you will provide me with the appropriate information by phone, (270) 524-9663, I will prepare the deed for you for $50.00. We use Visa/Mastercard/checks.