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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121106  
Subject: Re: Avoid Tax Problem with House Date: 12/7/2013 3:41 PM
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They are not getting married, which I believe presents it's own set of tax issues when one dies, assuming the other inherits the house.

I don't know what happened in between my starting to write my shopworn "'marriage is just a piece of paper' goes out the window when you see the pieces of paper an unmarried couple needs to get the same legal protections." Thanks for snapping me to.

There's really no problem with inheriting from a non-relative, assuming there are no estate tax issues. But there are legal protections that come automatically to married couples that must be dealt with in legal documents by unmarried couples. Otherwise all hell can break loose, including the dead person's family coming through and ransacking the house.

Phil
Rule Your Retirement Home Fool
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