I present this because my parents do not have a will and are getting old. I will be taking over the mortgage payments next month because they are both retired and we don't want to house to be foreclosed. Are there legal/tax implications with this? We would begin with joint ownership, then I think the final result would end in my brother and I owning the home (property transfer). Any help would be appreciated.
2007-01-29
07:55:14
·
5 answers
·
asked by
peediddykim
1
in
Business & Finance
➔ Renting & Real Estate