The Estate Planning Guys
By Smith Barid LLC
January 17th, 2025
Making the right choice between a gift or trust can save your family money and headaches in the long run.
Trying to figure out the best way to pass your home to your children? Don’t leave your family’s future to chance. In this video, estate planning attorney Mike Smith will break down whether a gift or trust is the correct way to transfer your home and ensure your family’s future is protected.
Gifting your home to your kids may trigger capital gains tax and require filing a gift tax return. Using a trust is often better to avoid these issues.
Mike Smith, Estate Planning Attorney, Smith Barid, Georgia
