Get your taxes done using TurboTax


@sandy4042 wrote:

 ETA: OK, re-read what you said.  The grantor IS NOT the beneficiary in your typical trust.


In the typical revocable trust, the grantor is the beneficiary (at least initially).

 

Regardless, another way around this issue is a transfer on death deed (TOD, which most states allow) or a Lady Bird deed, which circumvents probate and preserves the step up in basis.