Giving Away Your House to Your Kids? 4 Ways to Pass Down Your Home

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  • Опубліковано 6 вер 2024

КОМЕНТАРІ • 75

  • @treeoflifelawfirm
    @treeoflifelawfirm  Рік тому +7

    Hi friends, do you have more questions about passing down your house to your kids? Comment below and I'll try to answer your question in my next video!

    • @joniroylance8729
      @joniroylance8729 7 місяців тому +1

      Hi I’ll be back soon to discuss how to best leave the house to my one son!
      The other son has a nice house and wife.. they do well! If the son I leave the house to, decides to sell it, then he wants half of what he would get to go to his brother! He’s not greedy! He wants things to go smoothly… I trust him to do the right thing! He reads and studies the Bible and tries hard to live up to what is righteous and truthful.. so I’ll be back with you soon to finish, ask a few more Questions, and see what is necessary to do the right thing!
      Thank you for all of your help! You are a blessing in many ways!

  • @dianasandoval99
    @dianasandoval99 Рік тому +17

    Amen! Thank you for not only sharing this very useful information but more IMPORTANTLY, THANK YOU for sharing your faith in Jesus Christ and bringing glory and honor to His Name!

  • @karleepogirski2118
    @karleepogirski2118 2 місяці тому +1

    Edmund, thank you for sharing your knowledge, and wisdom about the Lord. I am a follower of Jesus too, and an estate planning attorney in Alaska. Your UA-cam channel is encouraging to me as I have considered making videos too. I love the fact that you are incorporated the Lord into your work and planting seeds for people who watch these videos.

  • @armyveterano9388
    @armyveterano9388 4 місяці тому +3

    Amen 😇 🙏 Thank You Heavenly Father

  • @kenyu4258
    @kenyu4258 3 місяці тому +2

    THANK YOU for sharing this! More people needs to know this!!!!

  • @JamesGabriel-zq4ke
    @JamesGabriel-zq4ke 3 місяці тому +1

    Thank you for this Wonderful information. God Bless You.
    I currently live in a house that is owned by my parents. The house is paid in full. I pay all the expenses including the real estate tax. The house is in a living trust which I am inheriting. If my parents change the deed to my name and I remain living in it as my primary residence, do I have to pay any taxes if I don’t sell the house? The reason is that I will lower my real estate taxes substantially because the house would be my primary residence

    • @treeoflifelawfirm
      @treeoflifelawfirm  3 місяці тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @ConfusedBuoy-pv8wv
    @ConfusedBuoy-pv8wv 2 місяці тому +1

    Amen and amen Jesus my father let me know you I praise him thank you so much

  • @adrianalorenzana8466
    @adrianalorenzana8466 23 дні тому

    thank you for sharing your faith in Jesus!

  • @cherylelsberry5158
    @cherylelsberry5158 Рік тому +3

    ? You didn’t mention a Quit Claim Deed. Love the scriptures you share.

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @avaperkins463
    @avaperkins463 20 днів тому

    Thank you so much for your information and advice. God bless you for sharing your testimony and scriptures.

  • @tednor
    @tednor 4 місяці тому +1

    Great job explaining the laws.
    And Thank you for the scripture

  • @rainbowcolours6361
    @rainbowcolours6361 10 місяців тому +4

    useful and very informative, thank you.

  • @ryanraines1469
    @ryanraines1469 10 місяців тому +3

    Amen brother 🙏

  • @isabellambai7410
    @isabellambai7410 6 місяців тому +3

    Wonderfull information

  • @ramonalvarado9503
    @ramonalvarado9503 Рік тому +4

    Beautiful video...well explained.

  • @ConfusedBuoy-pv8wv
    @ConfusedBuoy-pv8wv 2 місяці тому

    I thank the lord for all the information your advice is very helpful and informative thank you so much you are a great educator bless you ❤

  • @davanhngonhkeo2907
    @davanhngonhkeo2907 Рік тому +3

    Thank you for sharing this 👍

  • @CaptPicard81
    @CaptPicard81 3 дні тому

    Sure that’s wonderful about gray hair, but what about no hair!!! I’ve been bald for decades 😢

  • @juanaviles7164
    @juanaviles7164 11 місяців тому +3

    Awesome video

  • @tdbelcher1
    @tdbelcher1 Рік тому +2

    Amen!! Thank you for sharing your knowledge and the Word of God! 🙏❤️

  • @Emylendingandrealty
    @Emylendingandrealty 5 місяців тому +2

    Good stuff :)

  • @jennyle2555
    @jennyle2555 Рік тому +1

    We already had a will made it up thru my lawyer, therefore, if I like to do the free living trust class, my will still ok?,,,,anything conflict?, we have to pay my lawyer more fee?

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @derekgiandolfi39
    @derekgiandolfi39 10 місяців тому

    Father 89 and were going through pact act. Mom is 81. I am not on mortgage but I moved in here in 2018 when hurricane Michael destroyed everything..how do I automatically inherit. For a trust?

    • @treeoflifelawfirm
      @treeoflifelawfirm  10 місяців тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @alexmlo1
    @alexmlo1 4 місяці тому

    if parents were W2 employees, good income, and they held title in their name. They have a son who is a small business owner. Could they put the property in a trust, name the son as a beneficiary, and then have him qualify for low income assistance for gas, water, other utilities, etc.. since the son does not show a lot of income?

    • @treeoflifelawfirm
      @treeoflifelawfirm  4 місяці тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @mayorona1017
    @mayorona1017 Рік тому +1

    Hi, do they Pay taxes after I die on the house? So I can sell it myself if I change myself?

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @GHicks-lu5tu
    @GHicks-lu5tu 11 місяців тому

    Thank you for this. I love that fact that you ended everything based upon the some principles of of Jesus Christ our Lord. May God bless you richly in all manner of wisdom.❤

  • @joniroylance8729
    @joniroylance8729 7 місяців тому

    I’ am getting old, and want to pass my son’s name on it…woukd like to avoid probate. I have no mortgage! The house is free and clear.

    • @treeoflifelawfirm
      @treeoflifelawfirm  7 місяців тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

    • @MadOldMan-ck5wq
      @MadOldMan-ck5wq 5 місяців тому

      @@treeoflifelawfirmyou need to slow down and install the 34 year Reform Traditional Family Lawyer crime interdiction administration to prevent inheritance hijacking on all the free trust costing parents 5% and kids 10% if the family waited to add the hundreds of steps your school didn’t teach you starting in July with the forgery proof NICER Permission Trust Crime Interdiction Administrations and Christ paid for all your sins so take religion out of it and quit trying to pay for your own sins.

  • @carlosa7175
    @carlosa7175 11 місяців тому

    After you die , does the house go into your kids names or does it stay in the trust? Also i heard there is ongoing fees with trust? And what about capital gains of they decide to sell later?

    • @treeoflifelawfirm
      @treeoflifelawfirm  11 місяців тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @jumburton4500
    @jumburton4500 9 місяців тому

    ❤❤❤❤🙏🙏🙏🎁🎁thankyou for you sharing appreciated.

  • @ConfusedBuoy-pv8wv
    @ConfusedBuoy-pv8wv 2 місяці тому

    I would like to contact you for some help regarding a Living trust thank you so much

    • @treeoflifelawfirm
      @treeoflifelawfirm  2 місяці тому +1

      Hello, you can call our office at ‪(408) 412-1913.

    • @ConfusedBuoy-pv8wv
      @ConfusedBuoy-pv8wv 2 місяці тому

      @@treeoflifelawfirm thank you for replying the lord bless you are a child of the most high have a great day

  • @lindayoder7877
    @lindayoder7877 Рік тому +1

    🙏🙏🙏

  • @shellypesha8282
    @shellypesha8282 9 місяців тому

    When you pass on your house to your son, will have to pay a large fee in taxes? That's what I'm trying to avoid.

    • @treeoflifelawfirm
      @treeoflifelawfirm  9 місяців тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @joniroylance8729
    @joniroylance8729 7 місяців тому

    Would a warantee deed work to put my son’s name on my house?,,he lost 2 homes in the past 2 hurricanes! He does not have a home now. I would like to put his name on my house now, as I’m elderly and not well. He believes in Christ Jesus and attends Bible studies 2-3 times a Week. Would he have to deal with taxes or probate? I also heard about a Lady Bird deed, here in Florida? Sounds good, but .I’m not sure?

    • @treeoflifelawfirm
      @treeoflifelawfirm  7 місяців тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

    • @MadOldMan-ck5wq
      @MadOldMan-ck5wq 5 місяців тому

      This old man says get a Traditional Family Lawyer to do a Joint ownership with right of Survivorship and NICER Permission Trust Validation Certification Transfer for his heirs.

  • @joniroylance8729
    @joniroylance8729 7 місяців тому +2

    There’s something very Special about you! It seems as though you might know about the Lord’s Prayer…and the part….Let your Kingdom come, let your Will be done on EARTH AS it is in Heaven . Jesus said inMathew 24:14…..and this good news of the Kingdom shall be preached in all the inhabited. Earth, for a witness to all the Nations and then the END will come. Our King, .Jesus, will rule over the earth from this heavenly Kingdom, etc. etc. no more death, sickness, food shortages, war, and all corrupt Governments will be done away with.

  • @gilbertcavello8112
    @gilbertcavello8112 2 місяці тому

    I live in Dallas, Texas, with my parents. I'm a disabled adult, and my parents are my primary caregivers.
    I have a few questions
    1. My dad is the only one on the deed. Should he add my mom to the deed now in case something happened to him? They both are in their early 70s, and he bought the home in 2002.
    2. Should they then put into a Lady Bird Deed so it can transfer upon death to my children.
    Since im disabled they want to leave the house to my children because I'm assuming they can't leave it to me since I'm on Medicaid and receive long-term care at home .
    What do you think?
    Blessings

    • @treeoflifelawfirm
      @treeoflifelawfirm  2 місяці тому

      Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
      Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

  • @anabella2014
    @anabella2014 Рік тому +5

    Very informative thank you.