Peter_ng
Jan 17, 2011, 11:36 PM
Hello, I am a permanent resident of USA and own an apartment in Miami. I have a daughter of Australiaian nationality and prmanent resident of Canada, currently residing in Vancouver together with her husband. I want to transfer my apartment to my daughter, I don't mean selling to her. *** advise how do I do it?
The reason for transfer is because the property value has dropped by over over 50% and I don't think it would recover before I die. I also do not want to go through all the unnecessary procedures before my daughter can claim ownership afer I die. For information, I retired in china and most probably not returning to USA forever, because of high cost of living and poor economy.
your advice is much appreciated. Peter
The reason for transfer is because the property value has dropped by over over 50% and I don't think it would recover before I die. I also do not want to go through all the unnecessary procedures before my daughter can claim ownership afer I die. For information, I retired in china and most probably not returning to USA forever, because of high cost of living and poor economy.
your advice is much appreciated. Peter