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Transfer of land title to a trustee

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1 Transfer of land title to a trustee on Thu Nov 03, 2011 4:15 pm


Arresto Menor
A land title whose ownership is held in trust for a minor.
When that minor reaches legal age, shall he pay a capital gains tax in order to transfer the title to his name?

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2 Re: Transfer of land title to a trustee on Sat Nov 05, 2011 4:52 pm


if it specifically states on the title that it is held in trust, then no capital gains.

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