Right now this is the plan 1. File quitclaim deed to transfer property. 2. Washington doesnu2019t have a gift tax only an estate tax when amount is over 2.193 million is this per person by the wayi.e. married couple gets double this if they were to combine it 3. file for form 709 United States gift for 11 million lifetime exemption per person. 15000 annual gift exemption which will pretty much do nothing. Total combined assets are below 2 million market valueAnything wrong with this plan Anything to add Plan to do this before anydeaths are occuring so Transfer on Death deeds not that relevant. Theproperties will not be sold and there should not be a capital gains tax if Iam correct.