qbteachmt
Level 15
01-09-2025
12:49 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I thought this was the issue: "I have told my client if the home is sold while he is alive, they, the children, are part of the sale and have a tax responsibility. Their attorney told them it is implied they will get FMV at the time of sale as FMV was "implied"."
To inherit and get a full step up, they should not be on the title at all right now.
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers