This is regarding California prop.13 property tax benefit
This is regarding California prop.13 property tax benefit and the one time transfer period with complications. My brother and I have inherited a home and have agreed that I may buy him out of his 50%. I know the property tax will be assessed as Title transfers from him to me. However, I wish to add my husband on title and remodel this property to become our retirement home as we are both in our sixties. I need to reassure my husband that even thought there will be another assessment of the property because of permits on additional construction on the inherited property we will still qualify for the prop. 13 benefit at the time that we sell our present propertyJA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: CaliforniaJA: Has anything been filed or reported?Customer: noJA: Anything else you want the lawyer to know before I connect you?Customer: I have been informed that the assessors office requires a copy of my deceased mothers trust at the time of transfer, is this right?
We are a UK-based company newly working for a company in
We are a UK-based company newly working for a company in California. Do we need to complete a CA form 587 or 590? If the latter, which letter / number is ***** in the following reason for exemption?The entity is exempt from tax under California Revenue andTaxation Code (R&TC) Section 23701 ______ (insert letter) orInternal Revenue Code Section 501(c) _____ (insert number).
I was signed into a nursing home by my lawyer brother I was
I was signed into a nursing home by my lawyer brother I was mostly unconscious gave him power of attoren..he recently gave it back tthis place costs me $142,000 a year and now they are searching mh little room..no drugs or alchol just took other liquids and went through peronal belongings tok am dustpan, some manicure things rtc aand s I protested the said they will return soon to remove all my prints and wat ercolors..3 years and no one ever told me about this "polcy" should I call the authorities outside?
I have three adopted children - all adults. One has been recently
I have three adopted children - all adults. One has been recently contacted by his biological father via letter. Some of the things he talks about in the letter are facts that someone would not know about unless he has been either stalking my son, or had someone else checking up on him. Some of the things he describes were not his business to be checking on - i.e. he had no legal relationship to him. Also, it appears he has used military personnel and his position as a government employee to dig up info and monitor my so. I would like an attorney to read a copy of the letter sent, and give me an opinion. I would also like to know the best way to STOP all attemps to contact any of us. All of my adopted children are extremely angry over the contact and want it to stop immediately and don't wnat him stalking them.
Counselor at Law
Hello! We have a property tax situation that I think bears
Hello!We have a property tax situation that I think bears consultation with an expert.Three former Catholic nuns, unrelated by blood, purchased a home in Long Beach, CA in 1991 for 410,000.00. In 2007, one of the sisters passed away, and the County Assessor re-appraised the deceased's portion of the home at then current market prices. Because the market was high in 2007, this re-assessment resulted in a significant property tax increase that nearly doubled the amount of property taxes for the remaining two sisters. At the time the sisters consulted with their CPA, an expert on income taxes, who agreed to look into the situation and eventually advised that the county was correct in its reassessment.Today, the two sisters are retired and on limited economic means. The property tax situation is a real economic threat to their ability to continue to hold on to their home. For example, property taxes have/are increasing at an alarming rate, up to $9,454.47 for 2014 versus $8,204.44 for 2013.It is their/my position that the assessor's reassessment in 2007 was unfair, given that they have been the same owners since the beginning, and because we are aware that a married couple, for example, is excluded from the property tax reassessment in the event of the death of one of the spouses. To date, we fail to see why unmarried individuals with the same ownership rights from the onset, who worked and paid for the mortgage and the maintenance of the home on an equal footing over the years, would be subject to this dramatic property tax increase that is only getting worse, where other types of joint owners are exempt. Under the present state of affairs, the remaining sister may receive yet another significant property tax increase the day one of the remaining two sisters passes on--except that at that point the assessor will reassess 50% of the value of the home, leaving the remaining sister with what will perhaps be an impossibly high property tax bill.We are aware that one of the reasons Proposition 13 was passed in CA was in echo to the public sentiment that "older Americans should not be priced out of their homes." For this particular situation, however, it seems as if Proposition 13 never passed, and the sisters, as older Americans, are being taxed out of their home.We are also aware that we can submit an informal review from the assessor, which we have done in the past, that MAY result in a temporary decline-in-value. These temporary decline-in-value grants are usually relatively small, and they fail to address, in our opinion, the larger question as to why we were not exempt from the reassessment of the home in 2007.Questions: Was the assessor justified in its property tax increase in 2007? What can be done at this point to correct the 2007 situation, assuming something was done in error? If the assessor is correct, why does the present law exclude some joint owners, but not others?Thank you for your time and attention to the above, and we look forward to hearing back from you!
This is a question about discovery in a bankruptcy case. The
This is a question about discovery in a bankruptcy case. The Creditor is using an assignment as evidence that they are entitled to payments. I sent an interrogatory asking for the employment history of the person who signed the assignment. I believe it is germain to establish whether this person was authorized to execute this document. The creditor has responded by objecting stating that the rog is intended to harass and will not lead to any discoverable evidence. They then go on to say, Subject to and without waiving...[this person] is not employed by [Creditor] and they have no knowledge of this person.1) Subject to...doesn't that indicate that they could be withholding information?2) Parties may obtain discovery regarding any nonprivileged matter that is relevant to any party's claim or defense...so doesn't this Rog qualify?
My wife and I signed a contract with Resort Travel Center near
My wife and I signed a contract with Resort Travel Center near Branson, Missouri, and gave them a check for $3900. for a one week timeshare with Crown Point Resort whom they purported to represent. RTC deposited our check in their bank account and gave us nothing. RTC owner John Monteleon sent us an agreement to return our $3900. but made no payments. Later RTC manager e-mailed us saying CPR had not treated them fairly in past so our contract was not being processed. Posted our dilemma on LegalMatch (Branson, MO; Springfield, MO; Joplin, MO) about 10 days ago but no responses. What process should we follow to file a legal claim for $3900. We are 77 and 75 and live in Burleson, TX, about 500 miles from Branson, and can travel to Springfield/Branson to meet with an attorney. Is small claims court an option? What pressure can we apply to collect? *****@******.***
Dissolution of marriage in 1998. Part of the settlement was
Dissolution of marriage in 1998. Part of the settlement was for me to receive retirement from his New York State employment. He has been receiving monies since 2009 and i was just made aware of it. I call the state and they informed me that i needed a DRO to be signed. the original attorney that represented me has since retired and is not in the position to help. Also,I was made aware that the other retirement the 401 K funds he cashed in some years ago and brought a home in Deland.
if a non-profit corporation has filed a suit against me and
if a non-profit corporation has filed a suit against me and it turns out that the corporation was FTB Suspended at the time of filing and continues (10 months later) to be in suspension, can I file an exparte to dismiss the suit as illegally submitted and get the court to immediately recognize the false nature of this suit? The suit is a lis pendens on my house which is now in escrow and the urgency for immediate dismissal is because the plaintiff has threatened the buyer (openly and admittedly) to sue them if they continue forward with the purchase. The exparte is to remove this threat before I lose my buyer.