There are 4 ways to transfer real estate to your children.

#1. Quit Claim Deed

This is the quick and simple method. It’s one and done. But, there are some cons:

- your child will lose certain tax benefits that arise with an inheritance

- your child will not qualify for most first-time homebuyer programs

- once it’s transferred, you can’t get it back unless your child signs a new deed

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Email: ADH@genesislawpa.com
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Alecia Daniel-Hall is a South Florida real estate agent with eXp Realty that helps people sell their home for more money in less time, buy the perfect dream home and invest in real estate.

She is also a Probate Attorney and Estate Planning Attorney, licensed in the states of New York, New Jersey and Florida, focused on helping clients build and protect their net worth for future generations using real estate and creating generational wealth.

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