Legal Question in Elder Law in California

transferring property to spuse in cal

if community property and goes in wfe name i'm told she gets step up basis but may have medi-cal recovery,if gets separate property no step up basis but tax consequentecesnof about25% when does tax have to be paid and can it be elimitated?


Asked on 3/06/08, 7:38 am

1 Answer from Attorneys
Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: transferring property to spuse in cal

can you rephrase your question? What is the triggering event here?

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Answered on 3/06/08, 5:00 pm


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