‘We are blessed’: My husband is inheriting a $1 million home. Should he put it in my name too?

Should he put it in my name too. ‘We do not in a community-perty state

ETResizeListen(6 min)“We plan to in the house at least for a while to avoid capital-gains tax

We may sell it at some point. ” (Photo subjects are models. ) Photo: Getty ImagesDear Quentin,My husband is inheriting a house from elderly friends, in his name only

We do not in a community-perty state

We have one son who is now a young adult

We will consult a lawyer tax tection and to have new wills made

We plan to in the house at least for a while to avoid capital-gains tax

We may sell it at some point

We have our own house, which we could sell or rent

What do you recommend we do

The Author Quentin FottrellQuentin Fottrell is MarketWatch's Managing Editor-Advice and The Moneyist columnist

You can him on Twitter @quantanamo

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