Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
8 Answers
- glennLv 74 years ago
The daughter should buy it if she wants it. A mother that may within a few years need government aid such as Medicare may have a problem with this. The government will look back at this transaction and see if it was sold at a fair market price. If they fell it was not they may decide this was medicare fraud and things could get very bad.
- coraannLv 74 years ago
Only if she has enough money saved to pay the full price, can afford to pay the
property taxes and all the utility bills and maintenance on her own. Mother needs
to move out. There will be legal fees and closing costs which she must also pay.
Source(s): Knowledge. - realtor.sailorLv 74 years ago
Sure and she could give her mother a "life estate." Her mother could live there until she dies and the estate would not have to be probated.
- Anonymous4 years ago
Hmm! If it has good memories yes