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South Carolina Deed  Form

South Carolina Deed Form

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Instructions and help about South Carolina Deed

all right son I'm going to retire soon so I'm going to give you the house Dad don't be dared please don't put the house under my name what you don't want our family house are you all right of course I want the house but since you bought it in 1978 the value of the house is skyrocketed yeah isn't that a good thing no because once you pass that on to me I'll be responsible for paying the inheritance tax if you pass away within the next 7 years that's on top of the capital gains tax I'd pay on the increased value if I was to sell it but you said you wanted the house what do we do that's the simple bit just put it in a living trust and make me the beneficiary and when you pass in the distant future the house will pass on to me without me having to go through probate so you're going to turn my house into a vehicle for building generational wealth exactly so your grandkids will enjoy the same childhood ho

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