Your home is likely one of your most valuable assets. Not only is it a significant asset in terms of finances, but it also comes with sentimental attachments. With so much emotion, history and monetary worth wrapped up in your home, it can be complex to figure out how to include it in your estate plan.
Residential real estate is complex, and transferring ownership can come with a variety of benefits and drawbacks for your heirs. Here are some ideas for having an efficient and smooth transfer of your home.