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Subject:  Re: Amateur legal opinions requested Date:  6/24/2012  3:13 PM
Author:  Goofyhoofy Number:  116334 of 123001

Unless an aversion to seeking professional help runs in the family

It does. It always does. And if there are three possible courses of action: right, wrong, and seriously idiotic, they will dither and then select from either of the last two.

For the record, the vote from the family was 2 that "it matters" (me/Mrs. Goofy and one SIL who spend her life with SSA), and 4 that "it doesn't" including the daughter who took him in, another, himself, and an elderly sister.

Finally, I would only note that while the gift tax does apply, it's irrelevant (except for paperwork), given that the house is "manufactured", sits in what used to be called "a trailer park", and isn't worth much anyway. So by my reading it will easily fall within the lifetime exclusion for that particular issue. I remind myself that most people never get, nor give "gifts" of any real size and are unfamiliar with the concept at all - which is not to excuse the be