Holmes v. Commonwealth

NARICK, Senior Judge.

Rita M. Holmes (Holmes) appeals from an order of the Board of Finance and Revenue that affirmed the Department of Revenue’s (Department) Board of Appeal’s determination that assessed a realty transfer tax on a conveyance of realty to a trust. We affirm.

The facts as stipulated to by the parties are as follows. 1 Holmes, as settlor and trustee, entered into a revocable trust agreement. She transferred certain assets to the trust, including her personal residence. To effectuate this transfer, Holmes executed a deed, conveying the property to herself, as trustee. The deed was…