Quitclaim Deeds – Why Grandma’s Well-Intentioned Signature Could Trigger Taxes
A quitclaim deed can trigger federal gift tax reporting once the value transferred exceeds the annual exclusion ($19,000 per recipient in 2025). Because it gives no title warranties, it can also create future title and capital gains problems when the home is sold. This article explains how quitclaim deeds work, the tax risks, and safer […]
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