chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
I am a POA for my parent. Currently I am selling some personal property that will probably have a capital gain (some collectibles) for her. The proceeds will be used for health care. If she passes, it will go to the estate. Of course, there is a contract in her name for these sales and I am signing for her as the POA.
She will owe some taxes.
My question is. Am I liable in any way for any of her obligations... for example will the tax obligations be hers or am I somehow responsible.
She will owe some taxes.
My question is. Am I liable in any way for any of her obligations... for example will the tax obligations be hers or am I somehow responsible.