Hi, everyone. My grandma is in need of money for her care. My family is considering selling her house for that money, but someone mentioned that that would mean all the siblings in the trust would have to pay taxes. They said that there might be a way to transfer the title to a family member and then my grandma can get paid from the trust. I am heartbroken at the thought of her house being sold; I would like to find a way to rebuild it, add an ADU, and rent the properties to bring in money for her and start a home design business. I believe this could help everyone in the family, if done right. Does anyone know more details about this kind of property transfer/trust situation? No one seems to know more, and she needs money for care as soon as possible. Is this a situation that sounds familiar to anyone? I'm not sure how to research this or what it's called. I'd be grateful for any help or advice! Thank you!
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source https://www.reddit.com/r/RealEstate/comments/sffovn/grandmas_housetrust/
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