What is the name of your state? California. My Mother-In-Law is considering "gifting" a piece of land to my husband. The land contains a residence which she would be vacating. Would either she or us incur gift tax? We have thought of building a new home on the land. What would happen to the property taxes on the land? Who would I need to consult about this- a tax lawyer or real estate lawyer? Thanks for any info you can supply.