Legal Question in Wills and Trusts in Tennessee
Power of Attorney
Having power of Attorney and the only son. Can I put the farm in my name? My mother is dead and my daddy is in a rehabilitation hospital for the last 23 days, because of a bad stoke. He don't his age or where he is at.
Asked on 6/19/00, 7:27 am
1 Answer from Attorneys
Marshall Snyder
Law Office Of Marshall Snyder
Re: Power of Attorney
If you place this property in your name,
without consideration, a state gift tax
will be owed.
Answered on 8/24/00, 11:58 pm
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