residency
What is the form called that you fill out to give someone permanent residency of a home and land until the time of their death?
Re: residency
It is not a simple form but you are talking about giving a life estate. A person who owns property may give or retain a life estate which is the right to live on the property for the term of a person's life.
There are tax issues, and other legal issues that should be examined before creating this property interest and the life estate can be created in the Deed to the property.
If you have further questions, please feel free to e-mail me your phone number.
Re: residency
It is not a simple form but you are talking about giving a life estate. A person who owns property may give or retain a life estate which is the right to live on the property for the term of a person's life.
There are tax issues, and other legal issues that should be examined before creating this property interest and the life estate can be created in the Deed to the property.
If you have further questions, please feel free to e-mail me your phone number.
