Legal Question in Family Law in Illinois
Can I buy my mothers house for one dollar before she dies to prevent any inheritance taxes?
Asked on 2/27/13, 8:57 am
1 Answer from Attorneys
Sue Roberts-Kurpis, Esq.
Law Office of Sue Roberts-Kurpis
No way to know without more information, but you don't really think that the IRS would allow this do you? On the otherhand, inheritance taxes don't usually apply to small estates. Talk to your family attorney.
Answered on 2/27/13, 9:01 am