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Homeowner wants to qualify for $500,000 tax break (access required)

DEAR BENNY: My husband and I each have a trust, and our house is in my trust. We have lived in this house for 14 years. If we were to sell it, would we qualify for the $500,000 tax exemption? I understand each person is permitted $250,000 and a couple twice that amount. Does my trust make ...

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