Episode Details
Back to EpisodesThree reasons not to give your house to your kids.
Published 2 years, 4 months ago
Description
Free Estate Planning Strategy Session for California Residents
www.ocestateplanlawyer.com
Aleman655 three reasons not to give your house to your kids. One, it now belongs to them. They can sell it without your permission. Too, the home is not protected from your children's predators or creditors. Three, they are going to pay a lot in capital gains tax, much more than they should. The better solution, put that house while they are alive inside of a revocable, living trust making the children in the beneficiaries. #Parents #Kids #CapitalGains #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty
www.ocestateplanlawyer.com
Aleman655 three reasons not to give your house to your kids. One, it now belongs to them. They can sell it without your permission. Too, the home is not protected from your children's predators or creditors. Three, they are going to pay a lot in capital gains tax, much more than they should. The better solution, put that house while they are alive inside of a revocable, living trust making the children in the beneficiaries. #Parents #Kids #CapitalGains #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty