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Business & farm
Both of you is who?
Despite the fact that you were not the original grantors does not necessarily mean the trust is not a grantor trust. If you (both) actually own the asset(s), as a result of having certain powers granted to you by the terms of the trust, then you can essentially do what you desire.
I would recommend seeking guidance from a local professional who can review the terms of the trust.
‎October 16, 2022
7:32 PM