Which product is best for us? My wife and I are retired. We own a home. We have charitable contributions. We have two Roth IRAs, and our Trust is a Traditional IRA.
How do I fill out 1099-s upon sale of marital home post divorce? Proceeds: husband received 65%, wife received 20%, and husband's attorney is holding 15% in trust.
If I transfer my mothers house that is currently in a trust to myself, will i have to pay any tax since $250,000 of the profit not taxable?