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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "life tenant"
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 How Are Capital Gains Determined After Death of Life Estate Holder?
0
By Harry Margolis
In Real Estate
Posted April 11, 2025

How Are Capital Gains Determined After Death of Life Estate Holder?

Question: My mother’s house is in a life estate with the remainder in my sister’s and my names. She (our mother) is 86. When she passes how do we determine how much in capital gains [...]

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 What About Life Estates with Powers?
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By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted October 27, 2023

What About Life Estates with Powers?

Question: You mentioned life estates in one of your answers and how they relate to Medicaid. I’ve also heard about life estates with powers, which do not have all the limitations of life [...]

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 What Can I Do to Prevent Foreclosure if Life Estate Owner is Not Paying Taxes?
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By Harry Margolis
In Real Estate
Posted July 14, 2023

What Can I Do to Prevent Foreclosure if Life Estate Owner is Not Paying Taxes?

Question: My mother left her home in a life estate for a family friend who hasn’t paid the taxes for the last three years. As a result, the property is scheduled to go foreclosure at the [...]

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 Which Table Should be Used to Value Life Estate Interest?
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By Harry Margolis
In Real Estate
Posted June 12, 2023

Which Table Should be Used to Value Life Estate Interest?

Question: I have some questions about a real life example we are facing. – John and Joan were married in 1999 and entered into a joint Life Estate agreement with regard to a condominium [...]

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 How Are Proceeds of Sale of Life Estate Distributed?
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By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted November 28, 2022

How Are Proceeds of Sale of Life Estate Distributed?

Question: My husband’s parents have a life estate….father passed away, mother recently moved to a nursing home. Siblings want to sell house. Is this possible without the life use [...]

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Wondering if a trust makes sense for you?

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters