2015_April_GSF_Real-Estate-Methods-of-Transferring-and-Owning_Downriver-Profile

Real 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, nursing home costs, transfer the property most efficiently to heirs, and 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 effects nearly everyone of us on a daily basis.

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