In this new present reality, we worry about people pushing things through quickly. We’re urging you to make sure to dot your I’s and cross your T’s. When selling a home, your real estate attorney and estate planning attorney often don’t know each other. If the property is in a trust, estate planning attorneys should be involved. You should likely be talking to your CPA or accountant as well. There could be significant taxable events that could be avoided by getting your entire team on the same page. They’ll help you watch out for details like possible capital gain or an irrevocable trust which might affect your planned senior living.
Keep an eye on the details!
If you have any other questions about selling a property in a trust, contact us by calling (781) 319-1900.
Copyright © 2019 Stiles Law, All rights reserved. Stiles Law is a Massachusetts licensed law firm and all content is based on Massachusetts law. The information presented above is meant to be used for general informational purposes and it should not be construed as legal advice or legal opinion on any specific facts.