Most older adults believe that itās easier for everyone involved ā loved ones, beneficiaries, and executors ā if they transfer full or partial ownership of their home prior to their passing. However, California elder law attorneys will caution you that there are...
When a California home or other real property is transferred to another person, its Proposition 13 tax base will be reassessed.Ā There are only limited exceptions to re-assessments in California when a home is transferred among certain family members: namely between...
You may have heard the buzz about the new transfer on death deeds in California which provide a new way to transfer real property on death.Ā Ā Up until recently, the most common ways were through: A will; Owning property in joint tenancy or community property with...