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Reply to "Leaving kids house upon death and spouse is alive"
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[quote=Anonymous]This was a pretty common arrangement way back in the day. Like the 1930s and earlier. Wifey couldn't be trusted to own anything outright. But like pp said, it's probably a tax/estate planning move. If there are enough other assets that she would not ever need to alienate (i.e., sell in fee simple) the property and their goal is that the children will inherit it one day, then why not?[/quote]
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