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bart1
Guest
What is the name of your state?What is the name of your state? Texas
I have been talking with a couple who want to sell me a piece of land. They have not paid taxes on the property for several years, and do not want this to reflect badly on the child's future credit. They want to sell it to get her out from under it, but it does not appear that it was set up as a trust for the child, it simply looks as if it were deeded to her. The child will be 12 this month, and was left to her at age 3. How can the parents sell the property if it is under the child's name? Thanks for any help you can give -- Bart1
I have been talking with a couple who want to sell me a piece of land. They have not paid taxes on the property for several years, and do not want this to reflect badly on the child's future credit. They want to sell it to get her out from under it, but it does not appear that it was set up as a trust for the child, it simply looks as if it were deeded to her. The child will be 12 this month, and was left to her at age 3. How can the parents sell the property if it is under the child's name? Thanks for any help you can give -- Bart1