Forumsee logo
Forumsee » Finance and investment » Personal Finance » Read message
RSS: Subscribe to RSS

Estimating cost of dissolving low value trust assets

Bogleheads • View forum - Personal Finance (Not Investing) - www.bogleheads.org
Read this article

What difference would it make if 1 of 3 beneficiaries of a dissolved trust declines to receive disbursement ?

Worded another way with an example:

Assume the trust has just one asset, a home valued at 90,000.

Each beneficiary would receive 30,000 upon sale.

The buyer is a grandchild of the deceased grantor of trust.

If 1 of the 3 beneficiaries declines their share of the sale, donating the value to the buyer (grandchild of deceased grantor of trust) and buyer only pays 60,000 to the other 2 of 3 beneficiaries, is there something special to be aware of related to IRS rules ? Perhaps it does not matter since the amount is so small?
Date: Jun 19, 2017   


Last videos:

Asking for discounts
Asking for discounts
Financing the American Family
Financing the American Family
Being a Boglehead
Being a Boglehead
Explain Borrower Risks for an Interest Rate Swap
Explain Borrower Risks for an Interest Rate Swap
Bridgewater Associates Founder Ray Dalio has a Great Summary of How The Economy Works
Bridgewater Associates Founder Ray Dalio has a Great Summary of How The Economy Works
The Money Issue - CBS Sunday morning
The Money Issue - CBS Sunday morning
The Money Issue - CBS Sunday morning
The Money Issue - CBS Sunday morning
The Money Issue - CBS Sunday morning
The Money Issue - CBS Sunday morning

Cars ·
Travel ·
Pets ·
production-frontend