Legal Question in Real Estate Law in California
Can I put my house in a living trust (for my children) and still retain my prop 13 status.(state of CA.)
Asked on 3/01/10, 8:11 pm
1 Answer from Attorneys
If you structure the trust properly, the deed from you to the trust will be exempt from reassessment under Prop 68.
Answered on 3/06/10, 10:24 pm