How does a residential trust work in regards to ownership of property, tax liability when house is sold and inheritance tax affect on tax liability?

Hello jones:

Well, ALL those things you are asking about are FAMILY specific. All trusts aren't the same, just like all movies aren't the same.

If you have a situation wherein these questions MATTER, HIRE a lawyer. Not only can HE answer your questions specifically for YOU and YOUR family - he can DO something about it.

excon