Quitclaim deed Louisiana

[browning730]

I am executor of my mother's estate, and one of two heirs (I have one brother). My accountant has suggested that I do a quitclaim deed on her home (no mortgage or liens) to avoid inheritance taxes upon her death. I am concerned, since I know nothing about such a document, and don't know how moving the "estate" to a trust would affect the situation when she passes away (as far as selling the property, disposing of personal property, etc.). We live in Louisiana, and our laws are somewhat different from other states, and I really cannot afford an attorney at this point in time. Any help you could give me would be appreciated.

 

[seniorjudge]

You are not an executor and you are not an heir unless ma has passed.

I am assuming that she has not passed.

If that is correct, then the only good advice is to hire a good lawyer to look into this.

Otherwise, you could be creating a problem that will last for a long time.

Just my GUESS, but I do not think the tax people will be fooled by what your accountant says.

 

[browning730]

Thank you for your advice, sir. I will certainly consult an attorney very shortly about this matter.