Evicting Mom

more+
less-

I was listening to the radio Friday evening when the announcer described a news report to be aired after a commercial. Normally, I would change the station but was intrigued by the story — a son evicting his mother from the home she had lived in for forty years. The news story reported that the son served the eviction complaint on his mother’s ninety-first birthday, just twelve days before Christmas. The reporter recited that the son had somehow gained control of the title and was seeking to sell it. Some one more clever than I must be rewriting The Twelve Days of Christmas with this story in mind.

While we do not know the back-story to this attempt to throw a ninety-one year old into the snow, one suspects that it arose from the desire to cut down on the estate taxes due on the mother’s death. There are, however, methods to safeguard a parent’s home while still trying to decrease the size of a taxable estate, and these do not necessarily require a parent to lose control and suffer the same fate as this ninety-one year old...

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© James McDonough, Scarinci Hollenbeck | Attorney Advertising

Written by:

more+
less-

Scarinci Hollenbeck on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×