Will we owe tax on house sale following surviving spouse death? House in bypass trust with stepped up basis on 1st spouse death

Based on your facts, it is likely that the 74% share of the home was placed into an irrevocable "B" trust for the benefit of the surviving spouse,...

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Can a Trustee take title to a property in a Trust by stating he is a joint tenant of that property?

There is no real way to answer your questions without an attorney actually looking at all of the documents involved. There is an implication that...

Unless a Probate Judge could be convinced that an unsigned email stated an intention to create a trust, the surviving partner is out of luck. A...

Can my ex-husband use a living trust to block my ability to collect on a judgment?

Putting real property into a living trust can be done even with a lis pendens against it. However, it cannot avoid the collection of a judgment...

Regardless of the current title of the property with your brother, you should have your 50% interest owned in a living trust. THis will avoid...

Can a sibbling contest a trust because he was disenherited.

Anybody who is a natural heir of a deceased person ("decedent") can contest a Will or trust of the decedent. If someone has been disinherited and...

The short answer is this: If the monies withdrawn from the trust are actual income earned by the trust and then distributed out, then your...

Typically, it would be something like this: "John Smith, trustee or successor in interest of the Jones Trust dated (insert date), or any...

How can I see a trust when it's being held from us.

Under Probate Code Section 16061.7, the trustee of a trust that has become irrevocable must send a required notice to the beneficiaries of the...

Yes you may. If you are married, and your spouse is not a United States citizen, living trust planning is more specialized. Also, there may be...