There are a number of factors. When was the trust established? When was the home transferred to the trust? What does the trust say as to if/how income is paid? You should consult with an experienced attorney as soon as possible
Agreed. There are a lot of factors that go into answering your question. I suggest consulting an attorney in your area for further help.
On another note, typing in all-caps makes the questions difficult to read.
Thomas A. Schaeffer, Esq. Law Office of Juarez and Schaeffer PO Box 16216, San Diego, CA 92105 (619) 804-4327 www.jslaw.org This posting is provided for "informational purposes" only and should not be relied upon as "legal advice." Nothing transmitted from this posting constitutes the establishment of an attorney-client relationship. Applicability of the legal principals discussed here may differ substantially in individual situations or in different States.
It depends on the date of the trust, the date of transfer, and the language in the trust.
No one can answer your question without the above information and a discussion of
the facts of your circumstances.
The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.
This is a complicated question and to be safe you should consider consulting an estate and planning attorney in your area. You can find one on AVVO.
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