Will My Property Taxes Increase After Creating a Trust? - California Wills & Trusts Attorney

Описание к видео Will My Property Taxes Increase After Creating a Trust? - California Wills & Trusts Attorney

Whether the property taxes will change depends on a number of factors including the type of trust created. But, anytime there is a transfer or a change of ownership, it triggers a property tax reassessment with the Property Tax Assessor’s Office. In order to preserve the existing property tax basis, the correct exemptions must be filed correctly with the county.

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