My mother deeded her home to me 7 years ago. The home was cpmpletely paid for. She has passed away now. Do I owe any tax?
1 Answer from Attorneys
You probably owe no inheritance or estate taxes on this transaction, but this depends on a large number of assumed facts. So you should take your question to a local attorney experienced in Indiana probate law. Be sure to bring all the facts about home value at the time of your mother's death and time of the transfer. Good luck.