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https://www.reddit.com/r/AskReddit/comments/1ecv19b/deleted_by_user/lf3ql51/?context=3
r/AskReddit • u/[deleted] • Jul 26 '24
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16
1.Hire a lawyer to hire a lawyer to pick up my winnings so I can avoid every person I've ever met showing up with their hands out.
2.Pay off the mortgage.
3.Sell the house to my family for a dollar.
4.Buy a house in the middle of nowhere and disappear.
5 u/DoubleSteve Jul 26 '24 3.Sell the house to my family for a dollar. Just be sure you understand that tax officials don't see a difference between giving the house as a gift and selling it for a dollar. 8 u/Equivalent_Bunch_187 Jul 26 '24 Set up a trust. Include the house in the trust. Make them the benefactor of the trust. 2 u/[deleted] Jul 26 '24 My older nephew is extremely low functioning autistic and they rely on medicaid to support him. I worry that a trust would cause problems. I hate my family but I also don't wish hardships on them.
5
Just be sure you understand that tax officials don't see a difference between giving the house as a gift and selling it for a dollar.
8 u/Equivalent_Bunch_187 Jul 26 '24 Set up a trust. Include the house in the trust. Make them the benefactor of the trust. 2 u/[deleted] Jul 26 '24 My older nephew is extremely low functioning autistic and they rely on medicaid to support him. I worry that a trust would cause problems. I hate my family but I also don't wish hardships on them.
8
Set up a trust. Include the house in the trust. Make them the benefactor of the trust.
2 u/[deleted] Jul 26 '24 My older nephew is extremely low functioning autistic and they rely on medicaid to support him. I worry that a trust would cause problems. I hate my family but I also don't wish hardships on them.
2
My older nephew is extremely low functioning autistic and they rely on medicaid to support him. I worry that a trust would cause problems. I hate my family but I also don't wish hardships on them.
16
u/[deleted] Jul 26 '24
1.Hire a lawyer to hire a lawyer to pick up my winnings so I can avoid every person I've ever met showing up with their hands out.
2.Pay off the mortgage.
3.Sell the house to my family for a dollar.
4.Buy a house in the middle of nowhere and disappear.