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"That means that the only number needed for cost basis is FMV at date of death."Sorry, to cause all these words in this here thread, Folks!!!! Red herrings? yuk...
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As curiosity killed the cat and this is a busy time for all of us...Yes, Mr Smith was a man. Yes, he deff died.No, my client and he were not married or related....
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"How do you know? Did you see the Inventory?"This property was only asset NOT in Mr Smith's estate. He quick deeded it out of his estate and into him and my cli...
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How was it titled? Quick claim deed 2019 no cost just transfer.Joint w/ right of survivorship? YesTenants in common? No. Joint Tenants with right of survivorshi...
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Update! Thanks for your continued patience with my confused self.Warranty Deed from 2019 reads "as joint tenants with full rights of survivorship"So, my client ...
