Started By
Message

re: Deeding property to an adult child?

Posted on 3/4/09 at 11:49 am to
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 3/4/09 at 11:49 am to
Any idea what the gift tax exemption amount is?

In all honesty the property is not worth much. Whenever she leaves, that house will have to be bulldozed.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15054 posts
Posted on 3/4/09 at 11:51 am to
You should talk to a bankruptcy lawyer if you think that's a real possibility. Bankruptcy judges have the authority to cancel these kinds of gifts if they think it's been done in bad faith to avoid paying your creditor.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram