one advantage i that you won't have to pay federal estate tax or inheritance tax on the property because it has not been willed to you but it is your b4 she dies. next is that her "estate" won't have to go through probate court cuz there is no realestate to change hands. The property would need to be properly titled in order to bypass probate procedure and not be subjected to state inheritance taxes, federal tax would not apply unless the amount is more than $600,000. The home should be titled Joint Tenancy With Rights To Survivorship, to assure proper succession at the time of either owners demise. The disadvantage would be if one owner wanted to sell the property and the other did not agree, the seller would need to be "bought out" or the property would have to be subjected to partitioning through the court. There might also be an issue of creditor attachment should one of the owners find themselves in financial difficulties. It is extremely important for persons who are not married to use caution in the wording of a title to any type of real property.
help advantages disadvantages of house journals
help advantages disadvantages of house journals
help advantages disadvantages of house journals
food, house, and house!
if they live father away you can go and visit themor where they live. its always good to have more family members so that you can turn to them its much more amusing knowing different people that you are related to
One of the advantages is that your tiny house wont be crowded. A disadvantages is that if you work on a farm or something like that it will be more back breaking work
their is non your wastin yah time:)
Makes a lot of money Removes animal habitats
you do not need to work
Living in a sod house was like living under the ground. There were bugs,snakes,and the flying criccetts. It was horable living in a sod house
Advantages: Windows let light into your house. They also let you enjoy the view of the surroundings. If you open them, they can be used for ventilation.Disadvantages: They can also let heat escape from your house - more so than the surrounding walls. There may also be privacy concerns. In general, I would say the advantages outweigh the disadvantages.
Congress is the secondary body that passes laws in the US republic. This is with both chambers of the House and the Senate, with the House having to pass first.