appreciative
Junior Member
What is the name of your state (only U.S. law)? CA
My mother recently passed away, and I am the trustee of her trust (and executor of her will). (My father passed away several years ago.) I have 2 siblings, and we will be selling her house, which is held in the trust. Do I need to have an appraisal done on the house now (to establish the value at time of death)? We plan to put the house on the market within the next few months. And are there tax implications if the house is not sold within a certain period of time? Thank you in advance for your help.What is the name of your state (only U.S. law)?
My mother recently passed away, and I am the trustee of her trust (and executor of her will). (My father passed away several years ago.) I have 2 siblings, and we will be selling her house, which is held in the trust. Do I need to have an appraisal done on the house now (to establish the value at time of death)? We plan to put the house on the market within the next few months. And are there tax implications if the house is not sold within a certain period of time? Thank you in advance for your help.What is the name of your state (only U.S. law)?