My parent’s house was in my and my sister’s name. The house was sold in 2017 and my parents moved in with my sister. My parents loaned to … read more Tax advisor and Enrolled A…

What was the value of my mother’s house when she died?

The value of the home is $125,000. The … read more My Mother died last year. She had a quit claim on her house. My Mother died last year. She had a quit claim on her house. The three siblings sold the house and spit the profit. My sisters tax people tell her … read more

When did my parents sell their home in Beebe, AR?

We sold our home in Beebe, AR on Jan. 15, 2006 and bought a home in … read more My parents willed their total estate to me and my three My parents willed their total estate to me and my three brothers and sisters.

What was the value of my father’s home when he died?

My father died in 1998 in Oregon. He left his paid for home My father died in 1998 in Oregon. He left his paid for home 1/3rd to me, 1/3rd to my sister and 1/3rd to his wife. The value of the home is $125,000.

Can a quit claim be filed on a house?

A quit claim was done, filed and while he has life use the house has been “mine” since. We were assured we had taken their biggest asset and kept it safe.

Can a parent put their child on a quitclaim deed?

As a homeowning parent, you can place your adult children on your home’s title or even completely transfer ownership of your home to them using a quitclaim deed. The federal government, though …

When did my parents buy their parents home?

The house was held as ““joint tenants with right of survivorship” by my parents. I just want to clarify how I (when the time comes) would prove the cost of improvements. This is a home that was purchased in the late 1960’s for $20,000. Since that time basically every inch of the building has been updated.