[hl0m4n]

gauging general knowledge before speaking to an estate lawyer.

my parents have 2 properties (new york):

primary house: paid off. what is the best way to transfer title to son incurring the least amount of fees/charges?

rental house: 8 years remaining on mortgage. same question on best way to transfer to son? also, any specific tax breaks, etc if withdrawing entire 401k and dumping it on on home?