my father has a living trust on his home. he is very old & infirm. as such, he needs to be taken care of on a full time basis. he wants to sell his house & move in with us so we can readily take care of him. if he sells his house while his property is still in a living trust, what will be the tax implications levied, especially the capital gains tax. the living trust is well over 2 years old.
we are in los angeles, CA.
thanks.
mark
we are in los angeles, CA.
thanks.
mark
