ABC Trust

If a decedent spouse owns a home as separate property, and provides in
the trust for the surviving spouse to live in the house, reserving it
for other beneficiaries when the survivor dies: Is the trust
responsible for the taxes, upkeep, improvements, or is the survivor?
Reply to
rick wintomac
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It has always been my understanding (sorry, no citation) that the owner of a Life Estate was responsible for the expenses associated with that Life Estate (i.e. he receives the benefits "net").
Reply to
Gil Faver

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