Keeping the Family Cabin

If you have a property you'd like to keep in your family, you'll need to plan ahead to make sure ownership is transferred correctly.

You can find information on transfering a property in this article Keeping the Cabin in the Family: A Guide to Joint Ownership and Use by Wendy S. Goffe found on the State Bar of Wisconsin website. WARNING: Ms Goffe is a lawyer, so the article is very technical and detail oriented.  And remember, for all legal advice regarding Real Estate transactions, you should always consult a lawyer.

If you're still looking for that great property where you can build a family cabin, check out all the fantastic listings in over 45 Counties on BuyWisconsinLand.com

Gifts or Inheritance?

If you own real estate and are wondering what is the best way to pass it along to your children or keep it in the family, this article is for you.

From About.com's William Perez's blog "William's Tax Planning Blog" Mr Perez takes a question regarding the transfer of a condominium in Florida between a father and daughter. He reviews the tax aspects and gives options on how one can transfer property and save on taxes. Although this article is specific to one property, the points it makes and options it gives are ones that we can all review and make the best choice when passing real estate along to family.

The Gift of Real Estate: Generosity Can Be Taxing

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