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View Full Version : Property inheritance re Prop 13 California


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?