Investors & landlords


@Muchfaith wrote:

Is it better for the trust to sell the home or the beneficiaries to sell the home?


That would depend upon several factors, but the trust could sell the home and then distribute the proceeds to the beneficiaries provided the trustee has been given the authority to do so in the trust instrument (which is highly likely - occasionally, however, the grantor's desire was to have the property go directly to the named beneficiary(ies) and any language to that effect will be found in the trust instrument).

 

You might want to seek an in-person consultation with a tax and/or legal professional for advice and guidance on this matter.

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