Colleagues, Seeking family law attorney admitted in Maine - or a referral to a Maine attorney - for an interesting case. Have already tried Pine Tree. Thanks so much, Cristina ------------------------------ Cristina Mansfield Mansfield ...
Bill: Sounds like the parents set up an Intentionally Defective Grantor Trust for the property. You'll need to review the terms of the Trust under Revenue Ruling 2023-2 to determine what the beneficiary's basis in the property is to see how to structure ...
I have no practical experience in the scenario but I would go with your first suggestion, and not "have the Agent fill out a new POA for the principal adding the new agent and then have the current agent sign on the principal's behalf as POA. " I think ...