😛 – Aside from my Star Trek and Comic-Con geek outs; I’m a Disney addict too- nice Step-Mommy is a fantasy –present company excluded 😉
Totally agree, an Irrevocable Trust maybe an option, all depending on what the Parents of this scenario wants in control until their passing. I believe the concern is at the sibling level, not the parents so think they would want control until they’re called home.
Just place assets into revocable trust, which becomes irrevocable on death. Gets a new EIN as well, meaning stepped up basis and no capital gains taxes upon a sale. This s pretty standard estate planning stuff.