23 Nov What happens to a rental property held in a trust?
The specifics of each trust are important....
The specifics of each trust are important....
Changes can be made for trusts, but it's not always easy....
Assets receiving the step-up are also included in your taxable estate for estate tax purposes....
Whether trusts are helpful is not one-size-fits-all....
If a home is in a trust, the tax structure changes....
Much depends on whether the trust was properly executed....
The details and language of a trust are the deciding factors....
Not everyone has a right to see someone else's estate planning documents. ...
You should work with someone who understands the laws of your state. ...
The rules for inherited IRAs have changed, but the trust matters, too. ...