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As long as the assets are sold at fair market value, there will be no reportable gain, loss, or gift …
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What happens if a house is left in trust? If you’re left property in a trust, you are called the …
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Can I put my house in a trust with a mortgage? The answer is yes, you may always place your …
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How does a family trust get taxed? Typically, the trust itself or its beneficiaries pay tax on taxable income. Income …
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What’s the downside of leaving it with your attorney? Attorneys have a financial interest in holding on to original Wills. …
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