If you were to have someone in line to inherent a house, would it make more financial sense to “sell” it to them for a ridiculous price like $20 to avoid inheritance tax or fees on the buyers part? Even if it’s a valuable estate is there a way to ensure it is literally just handed to another person for free?
If there is an option for it to be totally free on their part, how much of a stress would this add to them (Credit changes etc) not wanting to turn a gift of love into a huge burden that I’ve died and left in their hands. I realize they then are responsible for the maintenance of an entire home, but again with it being free would those costs be an easy transition from monthly renting? Assuming they are good with money, have great credit, no debt and a decent savings themselves?
Submitted November 15, 2018 at 12:55AM by pizzaheadstand https://ift.tt/2OJZl32
