What is the name of your state? Michigan
Sirs:
My mother lives in her home but is unable to pay the expenses. She receives only SS. Her 5 children are providing the necessary support of about $13,000 per year How would you suggest we structure the ownership of the property to receive the best possible tax advantages for the children?
Thanks
Richard
Sirs:
My mother lives in her home but is unable to pay the expenses. She receives only SS. Her 5 children are providing the necessary support of about $13,000 per year How would you suggest we structure the ownership of the property to receive the best possible tax advantages for the children?
Thanks
Richard