Legal Question in Real Estate Law in Nevada
add daughter's name to deed of trust
my husband and i want to add our daughter's name to home in the event of death of both of us no probate wanted
Asked on 12/04/08, 3:44 pm
1 Answer from Attorneys
James Smith
James E. Smith Ltd.
Re: add daughter's name to deed of trust
You should pit the house in a trust to avoid probate and gift tax. Name your daughter beneficiary of the trust. What you want to do is gift taxable to you.
Answered on 12/04/08, 3:55 pm