A single man dies while he is in debt to the irs, but he has a quit claims deed deeding his house to his daughter. Can the irs take the home before the daughter gets her inheritence? Will the daughter owe her fathers irs debt?
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A single man dies while he is in debt to the irs, but he has a quit claims deed deeding his house to his daughter. Can the irs take the home before the daughter gets her inheritence? Will the daughter owe her fathers irs debt?
shellybe says:
The IRS lein would supercede the quitclaim. Yes, they could take the home. If the home doesn’t cover his debt, the daughter wouldn’t owe the rest though, although if the estate had any other assets, those too could be taken toward the debt.
January 28, 2010, 2:17 pm