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Thank you Fr_Chuck.

ScottGem: I'll look further into what the tax liability may be.

Can you elaborate any on what you mean by... "What I fear is that the attorney can charge higher fees for...

I live in MN. The house 350K and cash is about 500K. His attorney suggested this route. My father has some fears about sibling contests. I don't think there would be. So I think you're saying I will...

My father is nearing the end of his life. He has arranged his affairs such that instead of willing me his house, he is in the process of transferring the house to me via deed, reserving life estates...