ANSWERS: 2
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A parent can give up to $10,000 a year to each child tax-free. A parent can leave in his/her estate up to $1 million to each child tax-free. Beyond that info, you should contact a tax specialist to see if there's any way around the taxes.
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Your father can sell the home for whatever he wishes to whomever he wishes as long as it is PAID for and there is NO mortgage pending .... However; note that will NOT make and change on the Property Taxes ....being due and to paid at the closing by someone .
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