Will I need to pay taxes on the sale of a home that I received through a living trust?
I agree with attorney Bernard with this footnote. You should consult with a tax C.P. A. You indicate you will be receiving a portion of the cash...
Los Angeles, CA
Trusts Lawyer at Los Angeles, CA
Practice Areas: Trusts, Limited Liability Company (LLC)
I agree with attorney Bernard with this footnote. You should consult with a tax C.P. A. You indicate you will be receiving a portion of the cash...
Agree with attorney Bernard as it is true in select circumstances attorneys fees can be awarded as part of costs of suit.
I would walk away from the deal. I'm sure there are other properties out there to satisfy your 1031 exchange requirements.
Not sure I understand the question. More information needed. You state you are selling to your daughter. So she will be the new title holder. The...
I agree with attorney Shields. However, I'm not sure a new trustee would have the obligation to sue the former trustee's attorney. The real party...
You may want to check the rules and regulations of the Department of Real Estate (DRE). I have not heard of the position "assistant to the broker"...
In my mind, a premarital agreement comes into play in the context of a divorce. A trust agreement although operative during the lifetime of the...
Agree with attorney Soffer on this one. However you never mentioned what kind of work are you doing for the client? Depending on the nature of the...
As long as the Trust document specifies you as the sole BENEFICIARY with no conditions attached, meaning that upon death the property is to be...
What you have described is complex and difficult to answer without more information. Normally the whole reason for forming an LLC when entering...