Property Taxes Do Not Change When You Place A Home In A Trust
Passing It On: Estate Planning for Families · Michael Pevney
September 13, 20242m 7s
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Show Notes
Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com In this video, I'm talking about how a primary residence still qualifies for the homeowner's property tax exemption, even if it's placed in a living trust. Many people worry that transferring their home into a trust could cause them to lose that valuable tax break, but the good news is, as long as you meet the usual requirements, your primary residence continues to qualify. I'll break down how this works and why putting your home in a living trust doesn't change your eligibility for the exemption. If you're in California and have questions about setting up a living trust or protecting your home, click the link in my bio to learn more or schedule a consultation. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty