What is the name of your state (only U.S. law)?
The property is in california, the beneficiary is in Florida.
Are there inheritance taxes on property provided by an A-B trust when both owners of the trust have passed and left property to a beneficiary.?
How soon can the beneficiary sell the property after the transfer of title has been made to the beneficiary?
What is the new tax basis for the property?
Thank you.
The property is in california, the beneficiary is in Florida.
Are there inheritance taxes on property provided by an A-B trust when both owners of the trust have passed and left property to a beneficiary.?
How soon can the beneficiary sell the property after the transfer of title has been made to the beneficiary?
What is the new tax basis for the property?
Thank you.