Stephen J Spano's Answers

Stephen J Spano
Saugus Elder Law Attorney.
Contributor Level 6

6

Attorney answers:

  1. Christopher Michael Larson
  2. Edward H Adamsky
  3. Scott D Rosenberg
  4. Brian E Barreira
  5. Steven J. Fromm
  6. ···

What kind of tax will I need to pay on the sale of this house?

Asked by a user in Acushnet, MA - 3 months ago.

All the answers are good but the question itself is ambiguous. Did your father die as well? if so, was it before the house was sold? If your father died before the house was sold and if your mother died in March 2011 and if the house was sold in August 2011, then Ed Adamsky's response is the most correct. If all of the assumptions in my answer are correct, then, depending upon the agreement, which defines the extent of your mother and father's retained interest to possess, enjoy or retain...

3 lawyers agreed with this answer

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