Thank you for responding, my father has passed and my mom does not want any of the money but we feel just in case we will have it in savings so if she did need it which I doubt she will it would be available. Yes it is technically ours but we wouldn't do that to our mom and we never thought 15 years ago that anyone would be in higher tax brackets or that mom may need any of this. My dad did it to avoid losing everything he had should he go into a nursing home and not have anything to leave his kids. He wanted to do this and we didn't think anything of it then! Now fast forward 15 years, 3 siblings are living very comfortable with much higher incomes and will be coming in to a lot of money where I won't be, I live comfortable I am not destitute but do not have extra money or as nice of homes etc... like they have. I think each should just take the hit on tax and not try to figure out how much extra tax they had to pay and take it from the money we are left with it makes no sense to me, it's just they are avoiding the tax they should be accountable for because of their own income and I should not have to pay more (their) tax to be fair after the sale. I just need the best way to explain this to them to just do what is right but not sure without getting a lawyer involved how to settle this after the sale and money dispursed but not sure how to do this without starting a fight because I love my family and do not want this to come between us!
