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    kimmysu12's Avatar
    kimmysu12 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jul 22, 2012, 04:51 AM
    Texas gift deeds
    Do I have to go to an atty to get a gift deed? Is it good from brother to brother so that he will not have future claim on the property?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Jul 22, 2012, 05:59 AM
    No you don't need an attorney for someone to deed property they own to someone else. You do need to use a form acceptable by the county and the signatures should be notarized to assure the identities of the signers..

    However, if a brother is gifting their share of property to another brother, there may be legal and tax consequences. So the transactions should be done under the advice of a real estate professional.
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