Inheritance Dilemma

Long distance relationships, mixed relationships etc...

PostAuthor: valentine » November 20, 2005, 6:07 pm

John, although you can't own land if it was bought within 5 years of your demise, it could be ruled as gifted and the value added to your estate.
valentine
 

PostAuthor: yorkman » November 20, 2005, 11:04 pm

valentine wrote:John, although you can't own land if it was bought within 5 years of your demise, it could be ruled as gifted and the value added to your estate.


Is it 5 Years? That was the "time limit" I was referring to earlier, although I was not sure of the number of years. Yes they could certainly count in the money I gifted in order to buy the land. Although I hope to last a bit longer than that...

John
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