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Author: Goofyhoofy Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: Gift of a house Date: 9/26/2011 9:38 AM
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We are SCREAMING for him to see a lawyer, but he has a know it all daughter who is telling him not to "waste" the money, because she's looking it all up on the Internet. This is the same one who advised putting the daughter on the deed to his house, which has now produced a taxable gain for her on a condo she never owned, never lived in, and barely ever visited,

We have offered to pay for the lawyer ourselves, but he doesn't want to go anyway, which is why I'm asking the "gift" question, to try to find some ammo to convince him that this DIY tactic is so foolhardy.
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