I agree, especially because the first trust may have ceased to exist when the first spouse passed!My next step would be to speak with the attorney who setup the family trust in the first place and find out how it was supposed to work after the first spouse passed (their ~half share) wrt step-up and taxes, and then what happens after the S2 passes. After all, this is the Trust that holds the House, correct?
Statistics: Posted by toddthebod — Wed Aug 21, 2024 4:38 pm