by Hancock, McGill & Bleau | Jul 18, 2019 | Closing Services, Tax Prorations
Tax Prorations can be confusing if you are not a seasoned veteran of real estate closings. Most real estate contracts will contain a section dealing with tax prorations. In Texas most residential transaction use the Texas Real Estate Commission (“TREC”) contracts....
by Hancock, McGill & Bleau | Jul 2, 2019 | Estate Planning & Probate, Real Estate
There are two relatively easy ways to transfer title to real estate at death while avoiding probate and the tax trap often created by an outright gift of real estate. These two methods of conveyance can also be used to avoid a Medicaid lien. However, neither of the...
