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Retained Life Interest

Posted by Kevin S. Matthews Posted on Jan 12 2020

re you considering transferring property to your air is prior to death? Do you wish to seek in ability to use property, wish you want to transfer to your hairs prior to death? Have you considered that transferring the property to a child or spouse might make more legal sense, but unsure of the tax consequences?

This video goes into was referred to as a retained life interest. Retain life interest is a useful tool in order to transfer property to your siblings, or other people who you wish to trance probably two upon death, however you would be able to receive an interest in the property where you can continue to use it until the day you die.