Legal Question in Tax Law in Illinois

transfer real property from parental trust to adult son's trust
best way to take adult son's house out of parental trust to his own trust. Tax consequences of quit claim. etc.

Asked on 4/22/08, 1:52 pm

1 Answer from Attorneys

Cyndi Perez Trostin

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Re: transfer real property from parental trust to adult son's trust

Take the trusts and the deed to an estate planning attorney. You need someone to review these documents before he/she can give you proper direction.

Good luck to you.

Answered on 5/01/08, 8:23 am

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