Posted 2/25/2021 22:15 (#8858653 - in reply to #8858496) Subject: RE: Another Reverse Mortgage Question
Franklinton, LA
Each year you can give up to $15,000 to your Father and up to $15,000 to your Mother. Your Wife can do the same thing. This will be a tax free gift. Your parents can give you the farm via an act of donation.