@nh_624wrote:
I am still unclear if I have to owe gift tax after the $18,000 exclusion to each of my brothers?
No, you just need to file a return (Form 709) if...
Has the title to the property been transferred to you.
Yes, that is correct; title passes to the beneficiary immediately upon the death of the grantor (no acti...
If transfer on death (TOD) deeds are valid in the state and you are the sole beneficiary, then you acquired the property on the date of her death and your basis...
One more thing; you might want to (at the very least) wait until next year (February - March, 2025) and see if you get some sort of tax reporting statement, suc...