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Old 04-05-2021, 05:42 PM   #9
FlyingScot
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Quote:
Originally Posted by Descant View Post
However the tax on capital gains in trusts can be heavy. This is where you need a CPA as much as an attorney.
I am not an attorney or tax expert, and I agree with the others who advise that you should get both. But with that caveat--there should be no capital gains taxes in a trust unless the trust sells the house.
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