qbteachmt
Level 15

OMG, where do people get their guidance when it is this bad? Sheesh.

Okay, you have two conditions.

I found something that covers both, for your consideration:

http://accessiblelaw.org/Documents/LifeEstates-Inheritances.pdf

So, for the daughters, it looks like, "it depends." I would find out if they handled gift tax for those deed transfers, or not.

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