Hi everyone, My father recently gifted me the house I grew up in, and I found out that there is no insurance on it.

I usually get permission (with a $75 gift certificate to our local Texas Roadhouse) to have an 1-2 hour open house (preferably on a Sunday afternoon).

It allowed the Donor to lower his income and have his "gift" to the children taxed at a lower rate if their bracket is lower.

Consider sending mailers to charitable groups/churches: They frequently receive gifts of real estate, but they'd rather have the cash 51.

Some may look at this as a gift from one shareholder to the other since they would end up with equal ownership in the company.

Might find some bulk deals.I made contacts the old fashioned way, not snail mail, but cold calls, after you do 20 or so, you'll catch on to the gift of gab and get better.

Borrow it, sell something, pawn something, day labor, request an early birthday gift, etc.

,If I knew all the intricate workings of it I wouldn't need to hire talented lawyers like yourself. :-)But, here is my working understanding of it.My GRATs and GRUTs end up passing appreciated assets to the beneficiaries of the trust when the GRAT or GRUT terminates.

Just a FYI, at least here, FNMA REO's are generally overpriced, thus the no appraisal "gift".

Is there anyway we can gift the estate in its entirety without paying hundreds of thousands of dollars?