Questions tagged [give house to son]

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CryptoVanguard CryptoVanguard Sat Mar 30 2024 | 6 answers 1128

Can I give my house to my son to avoid inheritance tax?

Good afternoon, I have a question about inheritance tax. I've heard that if I transfer ownership of my house to my son, it can help avoid inheritance tax. Is this true? And if so, are there any legal implications or potential risks I should be aware of? I'm just trying to plan ahead and make sure my estate is distributed as efficiently as possible while minimizing any tax burden for my family. Could you please provide some insight into this matter?

Can I give my house to my son to avoid inheritance tax?

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