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My primary home is deeded as a “life estate”. My son and daughter are both the beneficiaries. If I sell while alive, I know I need their permission but what would be the tax ramifications for me and them. I live in SC.Answer
my husband passed and leaves an IRA CD earning 10% interest. CD matures 1/26/2023. I don';t want to cash the CD. how do I keep the 10% interest? I am 83 yrs.of age and my husband was 86.Answer
Www.sptac.com Call 877-NEAR TAX C. 8. T.
The CD should transfer automatically into your name. Call your bank to discuss....Read More