A trust is likely the route to go. Your partner can place language in a trust to allow you to continue living in the residence for whatever term...

I am answering this question from the perspective of Nevada law and is subject to my Texas colleagues' correction. I also am assuming the Trust was...

Picking up where Messers. Rafter and Siegel commented, here is my two cents: From a Nevada law perspective, you have quite a mess. Reading your...

I agree with Ms. James and Mr. Hallstrom's answers. Here is my two cents. You are using correct terms regarding fiduciary duty of your sister -...

First, thank you for using the terms - trustee and beneficiary correctly. This makes answering your question much easier for not having to first...

I agree with Ms. Straus' answer. The trust language controls. If no language addresses the issue, then court instruction is the next best...

Nevada law allows LLCs to be set up for almost any purpose. Single person LLCs provide, in my opinion, about a 7 on a scale of 1-10 of asset...

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Since you are the sole beneficiary of the trust, selling the residence from the trust or after you convey the residence to you does not cause any...

I changed the practice area to tax because the subject of you question is tax oriented. The fact your assets are likely in a grantor trust does not...

Messrs. Rushforth and Nelson are correct. Here is my two cents. In cases like you describe, and assuming no other assets exist outside the trust...