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re: Land transfers among family
Posted on 12/7/18 at 10:40 am to makersmark1
Posted on 12/7/18 at 10:40 am to makersmark1
1. Yes, there are tax implications. Could be a gift. How was it "signed over" to the brother's wife? That's not really a thing.
2. I would always recommend insurance. Should be cheap.
3. No issue for out of state other than doing everything by mail. You need a local attorney. Where is the property located?
2. I would always recommend insurance. Should be cheap.
3. No issue for out of state other than doing everything by mail. You need a local attorney. Where is the property located?
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