Legal Question in Wills and Trusts in California
can the tax base for property within the estate of the deceased be changed while still in probate?
Asked on 2/19/13, 1:22 am
1 Answer from Attorneys
The tax base for the property should be the appraised value on date of death. If there was a problem with the first appraisal, a new appraisal can be done and the Court can be requested to take judicial notice of the new value in the probate.
Answered on 2/25/13, 1:16 pm