The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Home sale in Trust Date:  2/4/2008  8:33 PM
Author:  cdrhody Number:  98310 of 127986

My handicapped sister, 55, has been living at the family home alone for six years now. Title for the home is in the Trust our parents set up before they passed away. I am the trustee. My sister must move to an assisted living facility and we plan to sell the house. Can we qualify for the over-55 tax treatment?
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us