How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Tina Your Own Question
Tina
Tina, Lawyer
Category: Legal
Satisfied Customers: 8775
Experience:  JD, BBA Over 25 years legal and business experience.
4460311
Type Your Legal Question Here...
Tina is online now
A new question is answered every 9 seconds

is there anyway to avoid capital gains taxs or income tax for

Customer Question

is there anyway to avoid capital gains taxs or income tax for California on a trust that just sold a piece of property. when that money is transferred to siblings are they going to have to pay taxes again on income?
Submitted: 4 years ago.
Category: Legal
Expert:  John Legal replied 4 years ago.
Welcome! Thank you for your question.

Is this a piece of real property that was sold?