Monday, June 23, 2014

my mom has 4 rental houses and has put all the deeds in my brothers name under a life will to keep it out of probate and taxes is that legale

Question

my mom has 4 rental houses and has put all the deeds in my brothers name under a life will to keep it out of probate and taxes is that legale



Answer

Yes it is legal. All property would pass to the remainderman, your brother, when the life estate holder passes away.



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