Mary M
Level 2

2018 John Smith, John Smith Revocable Living Trust purchased house.

2019 John Smith, John Smith Revocable Living Trust (seller) did a Intrafamily Transfer and Dissolution changing deed to John Smith, My Client (buyer).

2021 Smith dies, client finds out house is his.  Taxpayer/Client sells house.

Mr Smith purchased two house(s) his and the one next to it.  Mr Smith's residence was in his Trust.  This house was not in trust.  Was it a gift?  IDK.  Yikes.  Am I past help?

PS Thank you, thank you so much!!

 

 

 

 

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