carester25
Junior Member
What is the name of your state (only U.S. law)? Michigan
Here's my situation. My husband and his sister have their mother's house in a trust. She died in 2007. My sister is executor and sold the house without my husband's knowledge. She did not go through a realtor or the trust. The buyer wrote her a check for the sales price. They went and filled out a quit claim deed and it was recorded Mid-July. My MIL paid cash for the house in the 70's, so there was no mortgage. She then sent my husband a check for less than 1/3 of what she got. My worries are potential tax ramifications to us, since there is no paperwork involved here. I am just not sure what we should do.
Here's my situation. My husband and his sister have their mother's house in a trust. She died in 2007. My sister is executor and sold the house without my husband's knowledge. She did not go through a realtor or the trust. The buyer wrote her a check for the sales price. They went and filled out a quit claim deed and it was recorded Mid-July. My MIL paid cash for the house in the 70's, so there was no mortgage. She then sent my husband a check for less than 1/3 of what she got. My worries are potential tax ramifications to us, since there is no paperwork involved here. I am just not sure what we should do.