Many clients like the idea of helping a child, grandchild or other beneficiary with the purchase of a home to give the person a “head start” and a sense of independence. But this kind of transfer can have unanticipated, adverse consequences. This episode explores options and best practices for structuring transfers from a tax and non-tax perspective, and discusses how a trust may provide for such a purchase even after the client’s passing.

Summary & Transcript: https://media.mcguirewoods.com/events...

Series page: https://www.mcguirewoods.com/once-rem...

Videos may include attorney advertising and aren’t legal advice/opinion. Prior successes ≠ future results. © 2024 McGuireWoods LLP. All rights reserved.