Tuesday, 4 March 2014

if you are granted someone's trust that is not a family member just a friend are things different?

Question

if you are granted someone's trust that is not a family member just a friend are things different?



Answer

Please clarify what you mean by "things" as well as "grant"? Are you a beneficiary or a trustee?



Answer

As a friend and not a child you dont get the benefits of Prop 13, so any real estate will be reappraised by the good folks at the assessors office.



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