P
phaskitt
Guest
My mother lives in Indiana; my only sibling (sister) lives in Indiana; I live in Illinois. My father is deceased.
My mother (80 years old) owns a condo in Fla. She is ready to pass along some inheritance to my sister and i, but is not comfortable passing along cash. Is there a way for her to pass on to my sister and I a portion of the ownership of her condo property. Is it possible for her to pass over up to 10k ownership of her condo each year for a number of years, until we have equal ownership? How would that be done?
Thanks,
My mother (80 years old) owns a condo in Fla. She is ready to pass along some inheritance to my sister and i, but is not comfortable passing along cash. Is there a way for her to pass on to my sister and I a portion of the ownership of her condo property. Is it possible for her to pass over up to 10k ownership of her condo each year for a number of years, until we have equal ownership? How would that be done?
Thanks,