KT
👤 SpeakerAppearances Over Time
Podcast Appearances
He is in great health.
Thankfully, I am his only child and very close to my dear old dad.
He intends to leave his house to me and any money retirement and or investment accounts to his wife.
She is in agreement with this as she has no interest in the house, would likely move back to her home country when he passes.
Listen to this.
This is like I'm being a detective, Susie.
Amber said, my dad wants to set up a meeting with him, myself, and the trust attorney to go over the plan.
Well, wait, why isn't he including the wife?
In the meeting.
He can't, I don't know.
That's not our problem here.
Go on.
All right.
So what questions should I ask?
My dad inherited the house from my grandparents, does not owe any mortgage or have any debt.
We live in California.
I know there's specific steps to take.
to take to avoid nasty high property tax bills on inherited property.
I'm 50, divorced with college age kids.
I plan to move into the home and make it my primary residence.