2016_May_GSF_MethodsofTransferringOwningRealEstateReal estate is often one of the most valuable assets owned by individuals or businesses. As such, it is important to be familiar with various forms of ownership to determine how best to protect against lawsuits and nursing home costs,transfer the property most efficiently to heirs, to reduce or eliminate taxation at death. This brief outline can provide a very basic introduction to terms and concepts in this very complex area of law that affects nearly every one of us on a daily basis.

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