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G'day!
Join Date: Sep 2008
Location: New Smyrna Beach, Florida
Posts: 47,139
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Thanks for the thread and all the posts so far.
Don't mean to sidetrack the discussion but I have a friend whose mother is not super stable mentally and his brother is taking care of her. They got their mom to put the home in the brother's name - and told me this way when she passes away it eliminates any taxes to pay in the inheritance.
The brother is taking care of her so my friend said he encouraged her to transfer the home to his name.
Does this make sense?
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Old dog....new tricks.....
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