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My mother passed away. according to the trust, I am to split
my mother passed away. according to the trust , I am to split assets with my sister. The only asset is the house that my Mother owned. I have lived in the house for 4 years taking care of my Mother. I… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
6,190 satisfied customers
Property Tax question related to Ca. Prop 13, Parent to
Property Tax question related to Ca. Prop 13, Parent to Child transfer via Estate Trust. Four Siblings on trust, one (brother) wishes to buy parents house in trust but Total Estate Trust not large eno… read more
Law Educator, Esq.
Law Educator, Esq.
126,126 satisfied customers
My sister and I are now beneficiary's our Moms living trust.
My sister and I are now beneficiary's our Moms living trust. I want to sell my share of the home. My sister wants to keep the prop 13 benefits. There are no other trust liquid assets. Mom's bank accou… read more
Law Educator, Esq.
Law Educator, Esq.
126,126 satisfied customers
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
Barrister
Barrister
Attorney
Doctoral Degree
44,453 satisfied customers
My mother passed away 11.21.14. House is listed in her trust
My mother passed away 11.21.14. House is listed in her trust name and the title is in the trust name in California and is free and clear. There are 3 siblings (beneficiaries): I am in CA, 1 sister in … read more
LegalGems
LegalGems
Juris Doctorate
14,095 satisfied customers
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
DamienJD
Attorney
Doctoral Degree
6,190 satisfied customers
When I inherit 50% of a house and the house is under calif
When I inherit 50% of a house and the house is under calif prop 13 . Can I make a living trust Naming myself and my girlfriend as trustees of my 50%. Then when I die and she gets my 50% of the house w… read more
Barrister
Barrister
Attorney
Doctoral Degree
44,453 satisfied customers
I am about to inherit 50% of a house , with my brother .His
I am about to inherit 50% of a house , with my brother .His name is already on the deed .The house is under calif prop 13 . If I chose to put my half of the house , in my domestic partners name, we ha… read more
Law Educator, Esq.
Law Educator, Esq.
126,126 satisfied customers
I inherited a home under prop 13 valued at 83 thousand I sold
I inherited a home under prop 13 valued at 83 thousand I sold it 14 months later due to illness and moved to Texas to be closer to family the house sold for 505,000 what will happen with capital gain … read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
5,629 satisfied customers
Under prop 13 in CA, if you are using a living trust, does
Under prop 13 in CA, if you are using a living trust, does the value of the house get "reassessed" and the tax basis get re-adjusted to the new, "present" value at the time that the house is put into … read more
LegalGems
LegalGems
Juris Doctorate
14,095 satisfied customers
I have three children. My oldest daughter & I bought a house
I have three children. My oldest daughter & I bought a house together many years ago. As time passed, the other children joined us. We will all probably live out our lives here. What is the best way t… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,036 satisfied customers
My father passed away April 10. 2011 and he had a living trust.
My father passed away April 10. 2011 and he had a living trust. He had his house in the trust that was left to the three of us (siblings.) We all, including the house, are in CA. What do I do now, as … read more
Barrister
Barrister
Attorney
Doctoral Degree
44,453 satisfied customers
My husband and sister-in-law just inherted a house in California
My husband and sister-in-law just inherted a house in California that is under Prop 13 grandfather clause. We understand that the taxes will remain the same. But will the property taxes change if the … read more
Barrister
Barrister
Attorney
Doctoral Degree
44,453 satisfied customers
I inherited my mothers duplex 13 plus years ago after she
I inherited my mother's duplex 13 plus years ago after she died. It has remained in the name of the trust all this time. There has not been any changes to the property other than maintenance. We just … read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
My mom passed away a few months back. Per her trust Ive inherited
My mom passed away a few months back. Per her trust I've inherited her home. My brother, who currently lives in the residence, and who is a beneficiary (although not of the home) would like to purchas… read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
My parents have passed away and their home is in a living trust.
My parents have passed away and their home is in a living trust. Me and my siblings are equal owners of the home in the trust and my siblings wish to cash out on their interest in the home. I have off… read more
legallysound
legallysound
Attorney
Doctoral Degree
1,324 satisfied customers
Our family trust is now owned by 3 sisters since my dads passing
Our family trust is now owned by 3 sisters since my dad's passing in Jan. Our house is paid for and the taxes are $1200. a year. (Jarvis amendment). The house at the high was 1 million. It is worth ap… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,036 satisfied customers
My brother and I are the co trustees of my fathers living
My brother and I are the co trustee's of my father's living trust. We are going to have to sell his property. Since dad wrote the trust as we are 50/50 can either one of us make the other sell the pro… read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
5,145 satisfied customers

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Thomas McJD

Thomas McJD

Attorney

3,170 satisfied customers

Wills, Trusts, Probate & other Estate Matters

Barrister

Barrister

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RayAnswers

RayAnswers

Attorney

5,629 satisfied customers

Texas lawyer for 30 years in Estate law

Infolawyer

Infolawyer

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Licensed attorney helping individuals and businesses.

Ely

Ely

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Fully licensed attorney in Texas in private practice.

RobertJDFL

RobertJDFL

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P. Simmons

P. Simmons

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12+ yrs. of experience including estate law.

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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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