Legal Question in Wills and Trusts in California
When a property's deed is named under a family trust. Who is responsible for paying the property taxes while the division of assets in a living trust is in dispute by equal trustees?
Asked on 5/25/15, 9:06 am
1 Answer from Attorneys
William Christian
Rodi Pollock
The living trust is still the owner and needs to pay the taxes. Once the dispute as to the proper beneficiary is determined, the parties will need to also settle the allocation of those taxes.
Answered on 5/26/15, 10:30 am
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From nolo.com:... Asked 5/18/15, 3:21 pm in United States California Probate, Trusts, Wills & Estates