I moved my $1.1M home into an irrevocable trust. Now I want to sell — but can I?
Yahoo Finance·2025-12-11 14:00
Lisa, a 69-year-old retiree in Miami, is ready for a change. After decades of living in the outskirts of the city, she and her husband want to relocate somewhere quieter and more affordable. Their $1.1 million home is costly to maintain, and they’re hoping to cash out and downsize. But there’s one complication: years ago, Lisa transferred her home into an irrevocable trust, naming her two sons as both beneficiaries and trustees. At the time, it seemed like a smart move to protect the property and ensure ...