BobKamman
Level 15
01-31-2023
02:08 PM
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No one should be trying to answer these questions without knowing the terms of the original trust. "Joint grantor living trust" tells us nothing. We can make assumptions that it is a typical revocable trust, but that could lead you down the wrong path.
The Florida trust is likely a red herring. What year return are you preparing, anyway? Was the sale in 2021 and "Florida Woman" is just getting around to sorting out this mess?