3 smart ways to pass the property on. Create a trust There are many kinds of trusts.They're all legal structures that can hold assets, such as a house. A living trust can be even more useful in ...

It’s always better to give your house to your children through a Will, instead of a gift deed, especially if you have just one property – the one in which you currently reside.

For the bequest of their wealth (assets/ properties) to their chosen heirs, asset owners can opt for either a will or a gift deed.