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  1. M

    Gifting a vehicle when I die.

    In Arizona, when Sam dies, he wants to give his vehicle (no lien, value about $8k) to Bob. 1. Should the ADOT (AZ Dept of Transportation / Motor Vehicles Dept) form 96-0561 be given to ADOT Before Sam dies, or After Sam dies? 2. Should the vehicle gift be mentioned in Sam's Will? Thanks...
  2. M

    Loan repayment, tax ramifications?

    In Arizona, a year ago, I loaned my brother $80K, so he could buy a house. Now, he must sell it. The escrow company will issue a check to me for the $80K. It is repayment of a non-interest loan. How can I make sure that there are no state or fed tax ramifications? Thanks. Mark2364
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