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Ask Suze & KT Anything: Should I Take Money From My Roth to Pay Off My Heloc?

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

CHAPTER

How to Reduce Taxes on Your Trust

You get to have the trust without going through probate. It will be yours in about two weeks after they die. You will immediately get a step up in cost basis as to whatever the value is of the house when they die. If you turn around and sell the house, you have absolutely no taxes on it whatsoever if you do it at that time.

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