Proposition 58

»Tag: Proposition 58

Is There A Property Size Limit For Props 58 & 193 Exclusions?

Let's say that your parents transferred you a property with a home on 15 acres of land. Is there a property size limit for excluding this property from reassessment if it's your primary residence? Actually, that's a great [...]

By |2018-07-27T08:21:01-07:00July 25th, 2018|California, Probate, Probate FAQ's|0 Comments

Proposition 193: Exclusion-Qualifying Grandchildren

Proposition 193 allows for property tax relief by excluding a property from reassessment for property taxes is passed from grandparent to grandchild. Not all grandchildren qualify though. California's Proposition 193 is kind of an extension of Proposition 58. [...]

By |2018-07-02T21:37:46-07:00July 2nd, 2018|California|0 Comments

Proposition 58 Child Eligibility Requirements: Who Is Considered A Child?

Who is considered "a child" under Proposition 58? Who qualifies as a child for real property transfers between parents and children according to the requirements in Proposition 58? To qualify as a child and take advantage of this constitutional [...]

By |2018-04-24T10:25:49-07:00April 25th, 2018|California, Probate, Probate FAQ's|0 Comments

Deadlines for Filing: Requirements of Propositions 58 and 193?

What are the time filing requirements of Propositions 58 and 193? Many heirs ask this question. In order to take advantage of these constitutional initiatives which provide property tax relief for real property transfers between parents and children [...]

By |2018-04-24T09:44:14-07:00April 24th, 2018|California, Probate, Probate FAQ's|0 Comments