Our mother is presently living in an assisted living facility. She deeded her home to my 2 sisters, myself and our sister-in-law 2 years ago as a Life Estate. What are the pros and cons of us deeding the house back to her and selling now as opposed to holding onto it (and continuing the Life Estate) until 5 years are up, or until she passes? There is no mortgage on the house, but the upkeep is expensive.
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Thursday, June 14, 2018 - 13:12 | Author: alkasalja | Comments (0)