Will a Living Trust Increase Your Property Taxes in California?
Passing It On: Estate Planning for Families · Michael Pevney
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Show Notes
Worried that putting your home in a revocable living trust will raise your property taxes? Good news — it won't. Thanks to Proposition 13, California homeowners can transfer real estate into a trust without triggering a tax reassessment. The California Board of Equalization ensures your low property tax rate is protected when you take this important estate planning step.
In this episode, I explain how a living trust helps you avoid probate, protect your family home, and keep your property taxes low.
California residents: Protect your home and your loved ones with a FREE estate planning strategy session. Schedule yours now at www.ocestateplanlawyer.com.
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