We will happily prepare a deed for you to transfer your property to spouses, children, partners, etc. Typically, we will title search the property, draft, execute, and record the deed. There are many other considerations, including these:
When you give away anything, the federal and state governments can tax the transaction, and for something as valuable as a home, they very well may. We are not tax attorneys or CPAs; you should consult your accountant.
Transferring title can have severe impact on your long-term health care plans. We are not estate planners, you should consult your accountant and estate attorneys.
If you have a mortgage on your property, you will need WRITTEN approval from your lender (faxes and e-mails are fine). You must bring this to us prior to executing any deed. If you are transferring the property and you will not be on the deed, you will need to pay off any mortgages.