Tax question for selling Mom's house for her
GM All, We had to move our Mom to an assisted living in Edgewater, because she has dementia, now we need to sell her house. The house is in a Trust, and we opened a trust checking account. When we sell the house, we plan on putting all the money in the checking account, to pay for the assisted living facility, because of that, do we still have to pay for taxes on the sale? Looking forward to hearing back from you. Thank you.
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