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Transfer title from elderly parents to 2 children

  • Thread starter Thread starter prezzemolo
  • Start date Start date

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prezzemolo

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tax law transfer house to children

My parents are elderly and my mom has alzheimers. They own a home. We would like them to tranfer the deed to myself and my sister in order to help them clear all their assets in case they need medicare assistance for my mom. How can we best do this without incurring taxes, etc.

California
 



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