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CSS profile- parent assets trust question
My child is a college freshman and we’re preparing to submit the FAFSA and CSS for next school year. My mom very recently passed and had a trust which contained her house (no other assets). My sibling and I are the beneficiaries of the trust/her house. We are in the process of determining value of the house, deciding whether to sell or keep/rent out and haven’t yet come to agreement. When I google info about financial aid and trust I see a lot of info about trust funds, but I don’t think that’s what we have. I am beneficiary of a trust from a very recently diseased parent and assets/ my actual ownership of these is not settled as it’s so recent. Any advice as to what to put in CSS profile now? There are other reasons why filling out CSS/Fafsa NOW is beneficial to us, including spouses current unemployment7 replies