#probate #texas #probatelaw
Giving your house to your child now to avoid probate is a big mistake. Texas Attorney Laura D. Heard explains that you create property tax, gift tax, and capital gains taxes that all could be avoided by putting the house through probate or putting it in a living trust.
Warning: Laura D. Heard is licensed only in Texas, no other State. This video is for general educational purposes only. It is not legal advice to you. Laura D. Heard is not your attorney just because you watched this video. All clients of Laura D. Heard Law Firm Inc. must have a signed legal representation contract. The laws are different in different States. Even within Texas, the laws change over time. Your particular fact situation may create a different outcome than the example given. If you have a similar situation, it is important to consult with an attorney in your area who can evaluate all of your particular facts under current law. Most family law and probate attorneys charge a consultation fee for their time. If you would like to make an appointment to discuss your own situation, please call (210) 655-9090 or visit www.LDHeard.com. We would love to meet with you at the Laura D. Heard Law Firm Inc. #Texaslawyer #Texasfamilylaw. #Texasdivorce. #Texasestateplanning. #Texasprobate. #LauraHeardLawFirm.