Her house is still in her name. She was unsure for many years whether to transfer the title to all three of her children, and she now wonders whether she should do that while still living in the home. My sister and I have no interest in keeping the home after she is gone, but my brother, who lives with her, may have an interest in buying it down the road.
I’m assuming that if we leave things alone, the estate will go into probate. Or if we discuss this with her while she is alive, she can decide whether to transfer the home to us and we can then work out the details later among each other. Is it better to transfer the title of the home to us, or to leave it as it is given her age and go through probate?
Mom has her affairs in order.