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hi. i just would like to ask. my sister made out a deed of sale of a portion of her property to my son in 2009. the other portion was deeded to my brother. it was only in 2016, when she died that we learned about it. now, we want to transfer the titles to my son and brother's names so that my brother can avail of a loan.
1) how do we go about it?
2) what and how much would we need to pay?
3) who takes care of the CGT if the seller has already died?
4) Or does it have to be estate tax?
5) how much would penalties be? from 2016 till present.
6) would there be surcharges?
Thanks in advance.
1) how do we go about it?
2) what and how much would we need to pay?
3) who takes care of the CGT if the seller has already died?
4) Or does it have to be estate tax?
5) how much would penalties be? from 2016 till present.
6) would there be surcharges?
Thanks in advance.
