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Old 05-19-2009, 03:41 PM   #5
Buehler445 Buehler445 is offline
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Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1595266
DISCLAIMER: I am not a lawyer, accountant, or even a smart guy.

Based on my understanding a trust is a separate legal entity in which the heirs are trustees and then have control over the entity.

My parents told me theirs is set up to avoid taxes.

It also could be that the realtor doesn't know anything about trusts.

My recommendation is to talk to a CPA. Perhaps get legal council to interpret what the trust actually said.
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