gutterballed
Junior Member
What is the name of your state (only U.S. law)? Texas
My grandfather is still living, and would like to will me his house. He currently has a lein against it from the IRS that they are trying to transfer for a cash option, and mortgage the house for the cash option to lower payments and write off interest.
He also has the property taxes held at the current rate because his age.
The house is also going to need repairs and updates due to it age. The rest of my family is not wanting to get involved, so I am willing to help as long as the house is willed in full to me.
what is the best way to handle this so that I can have the house given to me at the price of the lien/mortgage at his time of death? Alos, how should I handle the repairs?
There is also a large amount of item in the house that I would liketo rertain possesion. Is there a way to include that?
My grandfather is still living, and would like to will me his house. He currently has a lein against it from the IRS that they are trying to transfer for a cash option, and mortgage the house for the cash option to lower payments and write off interest.
He also has the property taxes held at the current rate because his age.
The house is also going to need repairs and updates due to it age. The rest of my family is not wanting to get involved, so I am willing to help as long as the house is willed in full to me.
what is the best way to handle this so that I can have the house given to me at the price of the lien/mortgage at his time of death? Alos, how should I handle the repairs?
There is also a large amount of item in the house that I would liketo rertain possesion. Is there a way to include that?