Legal Question in Wills and Trusts in New Hampshire

Transfer of property deed

I hold a mortgage in my name. Can I transfer the deed into the name of my two children to avoid probate proceedings and taxes


Asked on 4/02/09, 9:04 am

1 Answer from Attorneys
Bruce L. Dorner Dorner Law Office

Re: Transfer of property deed

I would seriously suggest you meet with an attorney to review your situation. Transgerring to your children may have significant tax impact. Also, if one of your children should be sued, you risk the loss of your home.

In many cases in New Hampshire, probate is a very simple process and there may be no additional taxes.

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Answered on 4/02/09, 3:06 pm


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