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If this is a revocable trust basicaly will replacement
I don't know I don't think it is a revocable trust
just a sec
If you haven't had to do a tx return for th trust itself then it is revocable
as such You'r ,pother is still really the wner AND because she lives thene should get the homestead exemption of whatever has been giving the break
sorry for the typos (your mother...)
WHen was it put in trust and why? (that will tell us something)
Just called my brother and he thinks it is a revocable trust.
That's very likely
SO yes, this is called a passthorugh ... which means...
That all taxes flow t hrough to her, and the trust isn't treated as a separate taxable entity with it's own tax return and taxes
WHich, in turn, means that nothing has really changed... IF she is getting abreak for low income, that will continue
Ok she hasn't ever apply for the break , and it now seems like that is a great idea, can I contact the state on her behalf as I am listed as the contact person for her SSI income
yes .. Most revocable living trusts are basically will replacements that keep the estate from having to go through probate, keeps things private, no probate costs, etc.
The state/count MAY want to you to get a limited power of attorney signed ... they will usually have a form
sorry county, or municipality charging the tax ... may have form ... but sinc you are on the other accounts/documents, they may not ... that would be the wort case scenario... haveiing to get her to sign a little form for you to do that for her
Thank you . I think that is it . well done
Thank much ,,, I would just call, GET A NAME, and they may tell you you can do it all a give you the process.... Then go back to that person to submit
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I posted a new question . copy and paste follows
You just answered a question for me reference to my mother in Utah. My next concern is if we apply for this property tax break can this affect her SSI, SSI supplement income? after talking with my brother he said mom had chosen not to apply for this in previous years because it might affect her income. My brother confirmed the income of mom to be about 670 a month.