Protect Your Assets with Trust Pass-Through Real Estate

So, despite common client misconceptions to the contrary, revocable trusts do not save estate or income taxes. And transferring real property from a joint ... During the 2018 Session, the Virginia General Assembly enacted House Bill 365 (2018 Acts of Assembly, Chapter 821), which established an individual and ... For many, the best way to ensure their real estate passes on as they wish is using a trust. Trusts provide you control over your assets while ... With revocable trusts, the IRS treats all the property contained in the trust as though it is the grantor's property when calculating income ... There are different types of trusts, but this article will only be about putting Income Producing Real Estate (IPRE) into an Irrevocable Trust. 9 (2014), the Tax Court concluded that a trust could qualify as a. “real estate professional” due to the ac- tivities of three trustees. The ... A trust can be a useful estate planning tool, in addition to a will. You can use a trust to remove assets from probate, potentially minimize ... Nominee trusts are agency agreements and the tax consequences of the sale of property pass through to the underlying owners listed on the ... Learn Next Level Passive Income Strategies Through Real Estate & Stock Investing. Attend our FREE Infinity Investing Workshop https://inf ... If part of a California decedent's estate. (such as out-of-state real estate) is subject to ancillary probate administration in another state, California ...