Q: Giving half ownership to in-law. They are living in half of house we are in the other half. We want some additional term
We want additional terms for inheritance for kids. Also how to make everything legal and pay any taxes.
A: That will be a Future Interests Deed, which requires a very competent GA attorney to draft an enforceable conveyance. It could also be accomplished through a Trust with Future Interest terms. It will be important to declare who will take the property if the conditions are breached. You will not be able to make this conveyance without an attorney.
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