choppedtrump
7 Answers
Chiangmai
Best answer!
A living trust would cost your mother about $2000. I assume you want a cheaper way to take title to her assets. If that's the case, she should have a simple will to leave all her assets to her heirs.
If her assets, in total, does not exceed a certain IRS threshold of $600,000 (used to be this amount, may be higher now), then the beneficiary (ies) may be in luck. If you inherit assets under the legal limit, you may be exempt from paying inheritance tax. The bad news is that you'd need to have an attorney to walk you through the process.
Good luck.
| 12 years ago. Rating: 5 | |
IamPamela313
Dollybird
Benchong
If you are talking about inheriting her property after her death without having to go through the time consuming and expensive probate, your mother should consider making a living trust. Some lawyers charge between $600 and $1000 for preparing a living trust.
| 12 years ago. Rating: 4 | |
JDB
If your not in a conflict with your mom you can get a life lease.. If mom doesn't want you to have it good luck.
| 12 years ago. Rating: 4 | |
choppedtrump
mom wants me to have it we have just been going through a lot of hardships and have prity much gone through all r savings what is a life lease and how do we get one
| 12 years ago. Rating: 3 | |
