Proceeds from mom's house

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[Post New]02/04/2026 21:07
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Anonymous
why you want to give it to kids, OP? Your mom needs it during her old age for a lot of expenses. Please keep it in her name otherwise it will be financial senior abuse.
[Post New]02/05/2026 02:19
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Anonymous
Make an appointment to see an elder law attorney. That’s the only way to know how to do things correctly.
[Post New]02/05/2026 08:32
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Anonymous
Why would she pay any capital gains on the sale? Did the house go up over $500k in value?


My dad has passed, the $500k threshold applies to a married couple?


Normally when dad passed his half stepped up to basis On my way! His death. She would get 250k exclusion as well.
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