Question: if a primary residence, rentals/investment properties, that were in husband's name only, get placed into a living trust whose beneficiaries are a child and the wife who was never on the deeds and never a co-owner or any property, would that kick in the stepped up cost basis upon the husband passing away and avoid capital gains tax beyond the no tax on the first $500K of capital gains per couple? Would that not be be even better than the 50% step up in case both husband and wife were on the deeds? Is that not a significant advantage of a living trust?
Would you agree Retired Parents need NICER FEDS Forgery Proof Title Holding Trust with the Latin Law Crime Interdiction Administration? To avoid Financial Elder Abusing Domestic Terrorist with a Crime Free Inheritance Transfer Plan. Justin Zaragoza moved into a Widows home on No. Walnut Street in Woodland, vandalized and destroyed everything she owned, claims a Federal Judge is going to give it to him it because he's a better housekeeper. If she had Trusted Advisors and Allied Legal Professional Trust Guardians, they would arrest him.
How would the exemption on property tax capital gains work (Canada) in a trust? Would it be sheltered?
So if I do a land and living trust plus if needed to restate/amend trust, is it better to use online notary or a physical notary (in person)?
Question: if a primary residence, rentals/investment properties, that were in husband's name only, get placed into a living trust whose beneficiaries are a child and the wife who was never on the deeds and never a co-owner or any property, would that kick in the stepped up cost basis upon the husband passing away and avoid capital gains tax beyond the no tax on the first $500K of capital gains per couple? Would that not be be even better than the 50% step up in case both husband and wife were on the deeds? Is that not a significant advantage of a living trust?
Who can I appoint as the Director of the trust
i wish to set up an appointment
Most people do not need a living trust, especially young people and married couples
Would you agree Retired Parents need NICER FEDS Forgery Proof Title Holding Trust with the Latin Law Crime Interdiction Administration? To avoid Financial Elder Abusing Domestic Terrorist with a Crime Free Inheritance Transfer Plan. Justin Zaragoza moved into a Widows home on No. Walnut Street in Woodland, vandalized and destroyed everything she owned, claims a Federal Judge is going to give it to him it because he's a better housekeeper. If she had Trusted Advisors and Allied Legal Professional Trust Guardians, they would arrest him.