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Reply to "Leaving kids house upon death and spouse is alive"
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[quote=Anonymous][quote=Anonymous][b]Probably tax reasons.[/b] Otherwise it's husband->spouse, then spouse->kids at a later date. There will be a tax hit on the spouse->kids bit so maybe he wants that to happen at the time of his death, so there is money on-hand to pay those taxes for them. I believe husband->wife is tax-free.[/quote] +1 Of course it won't help if the wife dies first. [/quote]
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