Legal Question in Real Estate Law in California

Declared Homestead

What are the advantages of a declared homestead with regard to creditors and taxes? We are trying to prepare for the future. We have established a living trust. We own our home and 4 acres, except for a small equity loan.


Asked on 10/16/01, 8:22 pm

1 Answer from Attorneys
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: Declared Homestead

A declared homestead is of little usefulness for someone whose finances are in order, well insured and not engaged in risky ventures.

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Answered on 11/23/01, 7:28 pm


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