Tag Archives: TUV

Transfers-Under-Value

Transfer Under Value

Transfer Under Value A Transfer Under Value occurs when an individual exchanges an asset with another party for less than its true value. Examples include gifting a car to a child, transferring your ownership in your home to your spouse, or selling a property for much less than it is worth. If you’re dealing with an arm’s length party, who is not related to you, then this only becomes an issue if you owed more than you owned at ...

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