PA Probate Help

Part 4 This One Move Could Save Your Kids Thousands
Think you're helping your kids by putting them on the deed to your house?

🚫 Not so fast.

You could be saddling them with unnecessary taxes down the road.

By letting them inherit the property (instead of gifting it now), they could sell with little to no capital gains tax.

💰 It’s all about the stepped-up basis.
Ask me how to keep control of your property AND pass it on tax-smart.

Part 3 - Stepped-Up Basis vs Adding to the Deed — Side-by-Side
Let’s compare 👇

🔹 Scenario A – You Add Your Child to the Deed Now:
– They inherit your original purchase price (basis)
– If the home has appreciated, they could owe tens of thousands in taxes when they sell

🔹 Scenario B – They Inherit the Home After You Pass:
– They get a stepped-up basis to the current market value
– If they sell shortly after, minimal or no capital gains tax

➡️ Bottom line:
Inheritance = big tax break
Adding them now = potential tax bomb