I have a question. My mother is getting on in years. She lives in her family house, which she purchased from her brothers and sisters after her mother passed away. The house was built by her Father. She wants the home to stay in the family. I recently moved in with her, with my family, to help her out. I have been helping her with repairs and taking care of bills and so on. She has decided that she would like me to have the house, because of what I am doing for her.
Besides setting up a will, is there any other way to facilitate this process, i.e. a trust or something? She does have a small mortgage. Any suggestions?
Thank you in advance