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If it is done in proper form and not to defraud creditors, then the inter vivos gift may be completely proper. However, there could be some serious tax implications, as the beneficiary of appreciated property under a will gets a stepped up basis and the recipient of an inter vivos (lifetime) gift does not (meaning long term capital gains later on), among other things.
What else can I help you with?
Can a mother sign over her parental rights to a non relative in Illinois?
yes
At the 1800s colonies were generally seen as a?
a sign of a country's relative power
Do i have to sign hospital discharge release?
No they must be a written discharge order from your doc and you sign the form after everything been handed over to you.
Is there an alternative to repossession or bankruptcy on the 15000 you owe on your car?
If you have equity in it, sell it. If you have a relative who wants the car and has 15k, take the money, pay off the loan and sign the car over to the relative.
What happens if you do return a car after purchase?
If you try to return a car that the dealer does not agree to take back you may indirectly enter into a voluntary reposition. Be careful this is when you better read everything before you sign and get copies of everything you do sign.
Can a relative of groom sign the ketubah?
Neither a relative of the groom nor bride can sign the ketubah - it has to be a Shabbat-observing non-related male.
What does local part in email address mean?
That would be everything to the left of the @ sign. Everything to the right of the @ sign is the domain.
What social contract did the pilgrims sign before coming ashore?
to not take over the land
Does the negative sign come before or after the dollar sign?
Does the negative sign come before or after the dollar sign?The negative sign comes before the dollar sign.
Where can one purchase an out of order sign?
Most people would make their own out of order sign, over buying one. But they can be bought with relative ease from multiple sellers. Out of order signs come in many different forms.
What are two ways that a negative dollar value can be formatted in Excel?
You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.You can format it to have a minus sign before it or to format to be red.
How can a parent sign their child over to a non-relative out of the country without a long court process?
because the parent is the child's guardian and the guardian has the power to decide who will care for the child.
