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B

Bukiman

Junior Member
What is the name of your state (only U.S. law)? Ohio

Can I turn over the ownership (deed) of my house to my kids, no mortgage involved.
Thanks
Bill
 


L

latigo

Senior Member
Consult with your attorney first!

There are many legal concerns here, incliuding gift tax implications, existing creditors’ rights (yours and the children’s) not to mention creating a battle site for a future war among cotenants.
 
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