Quote:
Originally Posted by 400 4spd.
Ask your attorney/estate planner.
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Good response.
Mrs71 and I are just finishing our estate planning. The Cutlass and some pontiac stuff, goes to my nephew. He knows it, the family knows it. Don't spring it on someone, make a plan. Don't leave to someone who has know idea it was coming. This could hurt them on taxes.
An easy way to do this without involving attorneys or planners, is to simply go to your dmv and ask about TOD. Transfer On Death. Easy, shouldn't cost a thing. Takes only a few minutes.
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71olds cutlass S 455/400--longtime oldsmobile owner with a soft spot for pontiacs