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My Aunt Wants To Buy A House But Is Older Than The Average First Time Buyer?

What kind of insurance would ensure that the home is paid off if god forbids something hapens to her before her mortgage is paid off?

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My Aunt Owns A Property In California And Want To Transfer The Title To Me. Tax Implications?

The property was purchased 7 years ago for under $400K and value must have doubled. What are the tax implications for her and her ability lifetime gift tax allowance (she has children).
She is married. We are both US citizens.