@Mike9241 Ah, I see where the crossed wires are.
The lawyer I spoke to described it as a Life Estate / Living Estate based on the terms of the trust where the son could live in the house and access the funds while he was alive, and then after he passed away, all assets would be split between charity beneficiaries.
There was no deed that listed owner & remainderman details. The deed was under the name of the parent's trust, with parent and son as co-trustees. The son died with the deed still under the name of the parent's trust. So from my understanding, the home sale will need to be reported as part of the parent's trust. I'm just not sure if I need to use the step-up basis from the parent's death in 2014 (which I still need to calculate somehow), or the CMA from the time of the son's death in 2023 (three weeks apart).
