JustFactsPlease
Junior Member
What is the name of your state? California
The original thread has taken on a life of it's own and has gone off on some strange journey so I will attempt to ask just one question here and see what the answers are.
When a piece of property such as a home, or a ranch is given to three beneficiaries of a Living Trust and those beneficiaries do not want to own the home or the ranch together what is generally done. ?
To make this question easier to answer lets say that the Trustor has passed away and it is time to distribute the assets in the Living Trust and the ONLY asset in the Living Trust is the home or ranch. The Beneficiaries of the Living Trust are A, B and C. All expenses have been paid to settle the estate already. The trustor was buried in a fur lined solid gold casket.
I hope this question remains simple.
The original thread has taken on a life of it's own and has gone off on some strange journey so I will attempt to ask just one question here and see what the answers are.
When a piece of property such as a home, or a ranch is given to three beneficiaries of a Living Trust and those beneficiaries do not want to own the home or the ranch together what is generally done. ?
To make this question easier to answer lets say that the Trustor has passed away and it is time to distribute the assets in the Living Trust and the ONLY asset in the Living Trust is the home or ranch. The Beneficiaries of the Living Trust are A, B and C. All expenses have been paid to settle the estate already. The trustor was buried in a fur lined solid gold casket.
I hope this question remains simple.
Last edited: