Deeded in Life or Death.wmv

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Quit Claim Deed . http:/www/TaxMama.com Today TaxMama hears from Mary in the TaxQuips Forum, who needs clarification. "My mother-in-law put her house in my husband's name with a quitclaim Deed, which states it would be hers until her death; and he could not sell it as long as she was alive. Now she has passed away and the house is only in his name. Our question is, when we sell the house do we use the date of the quitclaim Deed or her date of death as the date of receiving the property? Read the Reply: http:/www/TaxMama.com/tax-quips/deeded-in-life-or-death/ Image credit: www.flickr.com

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