@only.living.trust.book: Whatever you do, don’t let your parents transfer their house into your name #BookTok #livingtrust #newyearnewaura #estateplanning #fyp
put into an irrevocable trust and no capital gains tax. that's what we did
2026-01-14 17:01:28
886
Nutz&Boltz⚡️883 :
Don’t sign it over. Sell it to them for a dollar
2026-01-10 16:06:13
7525
Bluedream005 :
Capital gains tax is theft!!!
2026-01-14 21:40:02
165
user2876416083566 :
so basically the government steals all they can no matter what.
2026-01-11 00:25:17
10892
kendon609 :
taxes should be illegal
2026-01-11 00:11:14
2121
giantslayer :
capital gains tax is the biggest form of theft.
2026-01-15 02:02:41
1806
user5659109145789 :
All you have to do is have your parents sell you the house…
2026-01-06 11:54:05
965
zapzap :
don't forget it's 5k a year to maintain the trust. 👌
2026-01-07 16:54:49
86
Sam 👁️ Am :
just change the house to a LEARING CENTER 😂
2026-01-15 21:07:06
132
🕊🎗️Todd🐻JactUp🎗️🕊 :
Wealthy don't create a "Living Trust". They create an "Irrevocable Trust". This trust owns an corporation that owns the house & has life insurance policies on all beneficiaries. The trustee is a member & is passed from generation to generation.
2026-01-10 16:33:54
252
lilboogie69 :
The Government is the biggest criminal enterprise in the world 😈🚫
2026-01-10 22:37:48
325
mik :
shouldn't be that way the government robs people every day.
2026-01-07 23:29:08
278
❄️ :
USA is a total scammer.
2026-01-15 09:06:28
392
The Bad Bunny :
It depends where you live...
2026-01-12 16:06:21
296
user637103441700 :
America is a mafia this is crazy
2026-01-08 21:15:34
469
Rick :
parents arent the issue the government is
2026-01-15 00:42:25
151
jamiebachmann950 :
you should be able to do what you want. Government is greedy.
2026-01-10 12:06:34
157
Mack :
“Land of the Free” 😂
2026-01-15 06:19:50
217
CripKage :
the fact the gov taxes you for being smarter with money than them is assinine
2026-01-06 12:16:47
70
⚜ bluuandred ˗ˋˏ ♡ ˎˊ˗ :
step one stop paying taxes
step 2 convince everyone to do this
(((step 3)))
2026-01-10 09:17:01
44
Kirby Wallace :
this is actually 100% right. do this
2026-01-14 22:49:41
26
JB :
Put it Ina trust.
2026-01-15 20:36:16
11
evan :
just include child on deed. after death child automatically is owner. no probate, no other taxes. just yearly property tax
2026-01-10 00:55:23
27
frankstaton74 :
actually that's false. if they transfer the house and to their child's name and it's been on there for at least 5 years no capital gains tax can be assessed to it
2026-01-09 13:31:52
224
roberthouck8 :
we shouldnt even have to talk about this maybe we all should force goverment to pay us for living
2026-01-11 15:26:35
22
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