Questions re: inter family transfer

Asked by Larry Knight, Mountain View, CA Fri Mar 30, 2012

Trustee wants to borrow aganist the property held in trust, then buy the property from the trust and retain the tax base as in inter family transfer

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Answers

5
Hassan Sabba…, Agent, Campbell, CA
Sat Mar 31, 2012
We did a lot of refinancing for properties held in trust and put back property after recording in trust. Title companies do that automatically after refinancing.
Web Reference:  http://www.homenet123.com
0 votes
Andrea Wince…, Agent, Milpitas, CA
Fri Mar 30, 2012
Maybe the attorney who wrote the Trust can help ?
0 votes
Jenet Levy, Agent, New York, NY
Fri Mar 30, 2012
You really need an attorney on this one. This is really a legal question.
0 votes
Marcy Moyer, Agent, San Ramon, CA
Fri Mar 30, 2012
Needs to be answered by accountant and lawyer for trust.
0 votes
Terri Vellios, Agent, Campbell, CA
Fri Mar 30, 2012
This is best asked of your trusted tax attorney and trust attorney.
Web Reference:  http://www.TerriVellios.com
0 votes
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