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Your mother can do an AOL for your line to move it from the account it is on now to her account. There will be no ETF, and the contract will not be extended, simply continued on your mother's account. If she is currently an individual plan, then the only increase will be that involved in moving from a single to a family plan.
Come July or August, you can re-evaluate, and see how much time is remaining on your contract and pay the ETF then if necessary. Your contract will not be extended by moving from one Verizon account to another.