Legal Question in Wills and Trusts in California

My fathers will in the family trust says that my sister & I will both receive equal share of the our parents home after their passing. I want to buy my sister's share from her and live in the home. Califoria law provides that property tax will not be reassesed on a transfer between parents and child. How should the will be written so that I don't have to pay increased property tax on my sister's share? Thank you for your guidance.............


Asked on 1/28/10, 7:19 am

1 Answer from Attorneys
Richard Gaines Gaines Legal Services, Inc.

This is a complicated planning question that needs personal attention directly with an attorney. Please feel free to contact us to further discuss your question

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Answered on 2/02/10, 8:15 am


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