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BRIEF: Gift Tax Exemptions
Question: In one of your recent columns you said that we can give/receive a gift of up to $5 million without paying taxes. I thought the...
Paul Premack
May 8, 2012
Did husband create Community Property with gift?
When he signed a deed putting your name on the house, what he was actually doing was giving you a separate property interest in the house.
Paul Premack
Mar 26, 2012
Specialized Life Estate Deed is Better Option for Transfer of House
Last week I addressed the legal issues raised by “R.B”, who said that his mother was asking if she should transfer title to her house...
Paul Premack
Feb 13, 2012