joesshep
Apr 17, 2011, 11:07 AM
Situation
California single family home
Mother (90) owns property held in trust (value $300K)
Three daughters are to be willed the property
One daughter will buy out the other two after property has been transferred
Question:
How do you transfer the property from Mother to all daughters and then from three to one without reassessment?
California single family home
Mother (90) owns property held in trust (value $300K)
Three daughters are to be willed the property
One daughter will buy out the other two after property has been transferred
Question:
How do you transfer the property from Mother to all daughters and then from three to one without reassessment?