Mother wants to add my name on all of her assets My father recently passed, and my mother is in "prep mode" trying to get all of her affairs in order in case something should happen to her. Her idea is to put my name on everything that she owns so that I would have access to all of her assets and then be able to distribute them after her death. I am trying to talk her into forming a living trust but she is dead set on adding my name on her house deed, bank account, vehicle registration, IRA account etc.. can you tell me the tax ramifications of having my name on all of those things? |