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Mortgage Community Forums | Announcements Feedback and Our Pub | Should my grandmother properties be put in a trust?

Should my grandmother properties be put in a trust?

Posted on: 17th Mar, 2009 08:08 am
My grandmother is 90 years old. She is living in her own home and has a little commerical property that she is renting out. Both properties is in her name. I was thinking about putting both properties in a TRUST. My sister and brothers would like to keep both properties in the family when my grandmother passes. Is a Trust the best route and is it hard to do? Thank You
"I was thinking about putting both properties in a TRUST. My sister and brothers would like to keep both properties in the family when my grandmother passes."

trust is nice option if you and your family members do not want any issue pertaining to the tax. :wink:
manoj_gopale
Posted on: 17th Mar, 2009 08:11 am
Hi bgee,

A query similar to yours has been answered in the given link:
http://www.mortgagefit.com/know-how/trustpropertyvswill.html#83117

Please take a look. I hope it will help you.

Thanks.
jameshogg
Posted on: 17th Mar, 2009 10:02 pm
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