What is the most economical way for grandpa to give his grandson real estate: gift, sale and inheritance?

Because grandpa and grandson are immediate relatives, it is cheaper for grandpa to give his property to his grandson and transfer it by inheritance.

Because grandpa and grandson are immediate family members, immediate family members can be exempted from tax, but if they want to transfer by inheritance, they need to wait until the donor dies.

Legal basis: Article 2 of the Inheritance Law begins when the decedent dies.

Article 10 of the Inheritance Law stipulates that the inheritance shall be inherited in the following order:

First order: spouse, children, parents.

The second order: brothers and sisters, grandparents, grandparents.

After the inheritance begins, the successor in the first order inherits, and the successor in the second order does not inherit. If there is no successor in the first order, it is inherited by the successor in the second order.

Children referred to in this Law include children born in wedlock, children born out of wedlock, adopted children and stepchildren with dependency. Parents referred to in this Law include biological parents, adoptive parents and step parents who have a dependency relationship.

Brothers and sisters referred to in this Law include brothers and sisters of the same parents, half-brothers, adopted brothers and sisters and stepbrothers and sisters with dependent relationship.

The process of inheritance and transfer:

1. The procedure is to cancel the account at the police station where the deceased's household registration is located and apply for a death certificate;

2. Go to the district or municipal notary office (the original export commodity house goes to the municipal notary office) for notarization of inheritance rights. There are two kinds of real estate inheritance: one is testamentary inheritance and the other is legal inheritance.

3 for housing transfer registration, the applicant is the heir or legatee. The applicant shall submit the following documents to the registration authority: application for real estate registration (original), identity certificate (photocopy), real estate ownership certificate (original), notarized document or will of inheritance right, notarized certificate of bequest acceptance (original) and deed tax payment certificate (original).

Extended data:

The materials to be submitted for inheritance and transfer are: the death certificate of the decedent; Housing property certificate or other supporting documents; Household register or other documents that can prove the kinship between the decedent and the legal heir; Identity documents of the heirs.

Other materials to be submitted for notarization of testamentary succession right: the will made by the decedent (the will must be notarized, and other forms of wills will not be adopted temporarily because their authenticity cannot be determined).

Grandpa's real estate has been given to his grandson, and inheritance and transfer are the cheapest. Immediate family members do not need to pay any fees for the transfer of real estate, but only need to provide relevant documents to handle the transfer procedures.

But relatively speaking, this method is also the most troublesome. If inheritance cannot be adopted, it is suggested that it can be transferred in the form of sale, because compared with the general transfer of donated property, the cost of sale is less and naturally cheaper.

Article 3 of the Inheritance Law stipulates that an inheritance is the personal legal property left by a citizen when he dies, including:

1, citizen income;

2. Citizens' houses, savings and daily necessities;

3. Citizens' trees, livestock and poultry;

4, citizens' cultural relics, books and materials;

5. The law allows citizens to own all means of production;

6. Copyright and patent rights in citizens' property rights;

7. Other lawful property of citizens.

Baidu Encyclopedia-Inheritance Law

Baidu encyclopedia-real estate inheritance