Legal Question in Family Law in Virginia

Family Law

My parents would like to give gift of acreage to each of their 3 children. Want to know how transfer is effected and tax implications to each gift received.


Asked on 7/02/08, 3:39 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Family Law

More information required as to the ages of these

children. Minors should not be directly on the title to real property.

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Answered on 7/02/08, 11:30 pm


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