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Am Calif Trustee of my 7-mo now deceased grandma's
am Calif Trustee of my 7-mo now deceased grandma's estate/investments/home.Just got a CA Supplemental Property bill for July 1, 2016 - June 30, 2017, since ownership changed to the Trust/Trustee (me).… read more
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My dad passed away recently and appointed me ( Doe) as a
My dad passed away recently and appointed me (Jim Doe) as a successor trustee and sole beneficiary. The property in CA was transferred into a revocable trust before his passing with the following lang… read more
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I am the trustee of my parents trust. They are both
I am the trustee of my parents trust. They are both deceased. The trust is to be divided equally among my siblings. If I decide to keep the house under the trust and rent it out, will the tax base sta… read more
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Following the death of my mom who was the trustee of her
Following the death of my mom who was the trustee of her trust I need to retitle her nevada property held in the trust to have my wife appointed as successor trustee as stipulated under the trust deed… read more
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Two questions really: In California I am changing ownership
Two questions really: In California I am changing ownership from a deceased parent to her children. Is it necessary to file both a 'change in ownership statement' as well as a grant deed in the county… read more
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I have a property in California, my parents held it in there
I have a property in California, my parents held it in there trust. both of them have died, my sister and brother have signed an agreement giving me 100% ownership of the property. My question is, whe… read more
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How do I transfer property from deceased sibling's estate to
How do I transfer property from deceased sibling's estate to his daughter. i am the trustee… read more
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Christopher B, Esq.
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Barrister, Forgot one more question. In San Diego we are
Barrister, Forgot one more question. In San Diego we are protected by prop 13 if house is inherited. If I do a purchase contract won't that trigger a property tax reassessment? So instead of a purchas… read more
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In California, Los Angeles County, what kind of deed (quit
In California, Los Angeles County, what kind of deed (quit claim, etc.) should I use to transfer property into a trust? Also, what document do I use to inform the assessor's office that this does not … read more
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Richard
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I'm an executor of my parents living trust. I heard from another
I'm an executor of my parents living trust. I heard from another friend that I need to fill out a form so that my parents house will not be reassessed for higher property taxs. Do you know the name of… read more
DamienJD
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Hi...thank you for that answer. Ok, so then when the property
Hi...thank you for that answer. Ok, so then when the property is transferred over to us grandchildren, it would be assessed at a higher tax base instead of us being able to claim an exemption?? I was … read more
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Richard
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My wife, mother, father and I bought a house 25 years ago and
My wife, mother, father and I bought a house 25 years ago and are all listed on the deed as owners. We are also joint tennants. My parents are now very old and would like to be taken off the deed befo… read more
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I would like to have a trust made. Is it possible to put
I would like to have a trust made. Is it possible to put the 4 homes I own in Los Angeles County, California into a trust for my 2 daughters (50% undivided interest) that allows them to decide (after … read more
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My mother just passed away and left my four siblings and me
My mother just passed away and left my four siblings and me approximately $1.5 to divide. Most of it is liquid except for a condo valued at 600K. My mother purchased it 20 years ago for 300K. We live … read more
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IN CALIF- Im helping my father-in-law. He is the successor
IN CALIF- I'm helping my father-in-law. He is the successor trustee and sole beneficiary of his late wife's living trust. Title to their home was in the wife's trust. He now wants to move title into h… read more
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We filed a BOE-58-AH – Claim for Reassessment Exclusion for
We filed a BOE-58-AH – Claim for Reassessment Exclusion for Transfer between Parent and Child/County of Los Angeles-Office of Assessor. The original deed is in mother's Trust and is being moved to the… read more
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California Trust Question As Successor Trustee, may I transfer
California Trust Question As Successor Trustee, may I transfer title of the now deceased Surviving Settlor's, vehicle immediately, or must I wait forty days and then submit CA DMV's "Affidavit for Tra… read more
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My revocable trust, POD, in which I am the sole trustee ...
My revocable trust, POD, in which I am the sole trustee names 5 qualified benificiaries. Three have 50% interset and two have 25% interest. What is my total FDIC coverage?… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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