If you own property with a spouse, how you hold title can make a big difference when it comes to taxes and probate. In community property states, you get a full step-up in basis when one spouse passes—but in other states, that’s not always the case. A living trust can help ensure you get the best tax benefits while avoiding probate. It’s all about having the right structure in place!
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Minh Nguyen - whatsamortgag
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