Property swap before father died causes concern

Ilyce Glink and Samuel J. Tamkin

Meeting with an estate attorney is important.

Q: My dad and I traded houses due to his health. When the title company did the deed, they set title to the property in the two his title and the title of his household treatment girl. She was named as component operator of the house. Equally my dad and his home care girl died far more than 10 many years in the past.

I acted as my dad’s ability of attorney. I experienced cataracts, generating it hard to read through everything. Furthermore, I remaining it up to the real estate agent to make absolutely sure my dad’s name was on the deed, as I was named in his will as his sole heir.

The place we are living, there is a new regulation enabling persons 65 yrs of age and more mature to get out of paying out property taxes if your earnings is beneath a certain volume. I am 69, but the deed to the residence prevents me from having this tax status.