Can someone quitclaim his/her property to me instead of leaving it in his/her will?

<< Return to Video FAQs

Video Transcript

Yes, someone can quit claim their property to you before death rather than leaving it in their will to pass to you after death. However, there are some reasons why you would not want to do this. Some examples are gift penalties and undesirable tax consequences. You should always see an attorney before doing this type of action to make sure that it’s the right thing to do.

This is printing from the single-videos page.