Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
The cost for a tax attorney to define the best way to do the deal is nothing compared to the costs of getting it wrong. You could even make it a cost to the buyer if the deal is negotiated that way (makes the seller feel like they should spend the time with a tax attorney as 'it costs then nothing').

Some estate planning for the MIL also makes sense. If she and her husband had realized that they might have a large estate before he died they could have set things up differently so that the MIL's position was reduced without impact to her lifestyle.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.