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• 1. T

     Senior Property Tax Exemption

     What is the name of your state? Texas My mother is 75 years old and is living in a house that was willed to me by my grandfather but in which she was granted a lifetime estate in the same will. Because she has use of the house, she is required to pay the annual property tax on the house. She...

     • trax
     • Thread
     • Mar 22, 2006
     • Replies: 1
     • Forum: Tax Law
  2. T

     Stock basis problem

     What is the name of your state? Texas. If I have some stocks that were given to me by my father. There is no way to know when they were originally purchased or what the basis is for them. Does anyone know what I am legally obligated to do in order to estimate a fair basis for them. Should I...

     • trax
     • Thread
     • Dec 12, 2004
     • Replies: 2
     • Forum: Brokers & Investments
  3. T

     Community Property --- Dad's House

     What is the name of your state? Texas. My father financed a house prior to his marriage on June 3, 2003. The total price paid for the house was $120,000. He owed $40,000 on his mortgage on June 3, 2003, the date of his marriage, which he ultimately paid off, arguably using community funds to...

     • trax
     • Thread
     • Dec 12, 2004
     • Replies: 0
     • Forum: Wills, Trusts and Estate Planning