@fpc wrote:
I didn't realize you could spread the Quit Claim process out over two years.
The quitclaim does not necessarily have to be 100% of the interest held. For example, in this instance, each beneficiary could quitclaim 50% of the interest in the first year and the remaining 50% of the interest in the second year.
Quitclaim deeds are not complicated. They typically involve the name and address of the grantor and grantee (in some states), a legal description of the property, and the exact interest conveyed (if less than the whole interest). The deed typically must be notarized and recorded. Again, the process is not overly complex.
