What is the name of your state (only U.S. law)? Virginia
I own a condo. Can I add someone (a relative) to the deed/title so that he/she inherits the property from me? If so, what are the tax implications? Is his/her share of the property considered a gift from me? Would I pay a gift tax? Would he/she? If so, when would it be paid? Or, would the person simply inherit the property from me? Thanks.