Did you know that by utilizing California Proposition 58 or California Proposition 19, you may be able to keep a parent’s low Prop 13 property tax base on an inherited home?

In cases where multiple beneficiaries are involved a third party loan to a trust or estate may be needed in order to equalize the distribution to all child beneficiaries so that the one inheriting the home can qualify for a parent to child transfer and avoid property tax reassessment.

There are other factors involved as well that may limit your eligibility.  To learn more and to have a free consultation to see if you may qualify to avoid property tax reassessment on an inherited home, please complete this short form: