Legal Question in Wills and Trusts in Ohio

The house in our names; paid for by the son--how should the will or trust be worded--(being freed from gift tax and probate) placing this in his name?


Asked on 1/24/11, 12:42 pm

1 Answer from Attorneys
Michael Brandabur Brandabur Law, LLC

There are a number of potential issues as play here and I would strongly suggest you consult with an experienced probate or elder law attorney. There is an interplay of taxation issues, potential medicare/medicaid, marital property and other issues. Making the "wrong" choice could cause substantial financial consequences that may be avoided with some inexpensive front end planning.

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Answered on 1/27/11, 5:48 pm


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