You need to make sure... - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
You need to make sure...
Posted by Chaz [Email] (more from Chaz) on Thu, 8 Jun 2006 09:16:13
In Reply to: ? about lending money to my mother, ChrisB, Wed, 7 Jun 2006 10:45:09
Members do not see ads below this line. - Help Keep This Site Online - Signup
...that there is a will prior to the transaction naming you as th sole beneficiary of the property should something happen before the debt is re-paid. Do not become a co-owner, as you may get raped with taxes should the unexpected and unthinkable happen to your mom.
This will all prevent expensive litigation in court with other family members, friends, etc... (this is fodder for the stuff that can rip a family apart).
I also admire that you are looking into doing this for your mom.
Posts in this Thread:
- ? about lending money to my mother, ChrisB, Wed, 7 Jun 2006 10:45:09
- You should issue a 1098 or a 1099, Rod , Fri, 9 Jun 2006 10:21:09
- You need to make sure..., Chaz, Thu, 8 Jun 2006 09:16:13 <-- Viewing This Message
- Re: ? about lending money to my mother, B Warren, Wed, 7 Jun 2006 15:46:41
- Hope you get some better advice than this,, Jeff B, Wed, 7 Jun 2006 11:11:40
- Document the transaction...., MI-Roger , Wed, 7 Jun 2006 10:58:53
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!