Remove Kids From Your Deed — Or The IRS Doubles Their Capital Gains Tax

Are you thinking about adding your son or daughter to the deed of your home to "avoid probate"? Please STOP and watch this video first.

In this critical 2026 update, Milena from Silver Law and Money breaks down the single most expensive estate planning mistake American seniors make — and how one simple signature at the county courthouse can cost your children $60,000, $90,000, or even over $100,000 in federal capital gains tax.

You will learn the exact difference between IRS Section 1014 (the stepped-up basis rule that saves your family thousands) and IRS Section 1015 (the carryover basis trap that destroys family inheritance). We break down the real numbers, the real consequences, and three exact legal steps you can take this week to protect your home and your family.

Sources cited in this video include IRS Publication 551 (Basis of Assets, December 2025 edition), IRS Publication 523 (Selling Your Home), IRS Topic No. 701, IRS Form 709 Instructions, Internal Revenue Code Sections 1014, 1015, 121, and 2036, official AARP estate planning guidance, and the federal Medicaid look-back rules under 42 U.S.C. §1396p.

WHAT YOU WILL LEARN: The exact IRS rule that turns a "loving gift" into a tax nightmare The difference between stepped-up basis and carryover basis explained simply Why a Transfer-on-Death Deed protects your family better than joint ownership The 5-year Medicaid look-back trap that can disqualify you from nursing home benefits Three legal tools that avoid probate WITHOUT destroying your child's tax basis How to fix the mistake if you have already added a child to your deed

This information is educational and is not legal or tax advice. Always consult a licensed estate planning attorney and a CPA in your state before making any changes to your property deed.

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Видео Remove Kids From Your Deed — Or The IRS Doubles Their Capital Gains Tax канала Silver Law & Money