The Motley Fool Discussion Boards
|
Previous Page | |
Financial Planning / Tax Strategies |
||
URL:
https://boards.fool.com/you-might-want-to-check-to-see-if-all-her-senior-30909367.aspx
|
||
Subject: Re: transfer of house title | Date: 10/6/2013 8:36 PM | |
Author: Donna405 | Number: 119262 of 131788 | |
You might want to check to see if all her senior discount on her taxes would be affected if she transferred it to your wife and her sister, retaining a life estate. In Florida, my mother conveyed her home to me retaining a life estate, and her "homestead" exemption remained until her death. Upon her death, all I had to do was file her Death Certificate in the recorder's office and the property was mine, not going through Probate. Donna |
||
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us |