My dad (78 years) is going to remarry in China. Before he remarries, he wants to transfer the house to me ( the house was bought several years ago, I sent almost all the money from US to help paying the house) The house is titled under my mother and my dad. My mother passed away. I am the only child.
Since I am a US citizen, what is the best way to do this? Gift or will?
Thanks very much for your advice,