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Homeowners most often create life estates in the U.S. to ensure that the next generation will eventually get the family home and avoid probate, the legal process of proving a will, distributing assets, paying creditors, and settling an estate. These are known asinterest in possession trustsin ...
In most cases, the signed quitclaim deed is a simple and effective way to give up all interest in a property.Another popular type of deed is the general warranty deed. In comparison to the general warranty deed, the quitclaim deed is relatively bare bones. While the deed only transfers ...
In most cases, the signed quitclaim deed is a simple and effective way to give up all interest in a property.Another popular type of deed is the general warranty deed. In comparison to the general warranty deed, the quitclaim deed is relatively bare bones. While the deed only transfers ...