A distribution of a 98% interest in a real estate company by a living trust upon the death of the settlor is exempt from realty transfer tax in the same way that a transfer of a direct interest in real … Continue reading
Tag Archives: Living trust
Because real estate transfer tax exemptions or exclusions that apply to transfers of real property also apply to acquisitions of interests in real estate companies, a distribution of an interest in a limited liability partnership by an living trust to … Continue reading