How to Buy Out Sibling & PRESERVE Prop 13 if Parents Pass: Prop 19

Proposition 13 tax caps are vital, and often LOST when a sibling buys out another (This is a danger any time there’s a change of ownership--death, sale, or gift). Watch this informative webinar to learn expert legal tips on how to handle family owned properties without losing Proposition 13 taxes. When you inherit property, Prop 13 is an intersection of trust law and real estate law, as well as a whole bunch of other legal matters. The taxes on the property can end up very high if you don’t get the help of a certified specialist lawyer in Estate Planning. Anytime there’s a change in ownership, your property could be reassessed, at a higher tax cap value. Whether you think your situation is complex or simple, or if your sibling is entitled through the last will or a living trust our estate planning attorneys can explain Prop 19 in California in a minute, give you the basics, and help you with the pros and cons of the buy-out process. To watch this video on our website, click here: https://www.cunninghamlegal.com/legal_webinars/how-to-buy-out-sibling-preserve-prop-13-if-parents-pass-prop-19/ For more information about preserving Prop 13, click here: https://www.cunninghamlegal.com/california-legal-services/california-prop-13-protection-prop-19-strategy/ 👉 Book a Call at https://cunninghamlegal.com/book-your-appointment/ for California Living Trusts, Estate Planning, and Trust Administration. SUBSCRIBE to California Estate Planning YouTube Channel https://www.youtube.com/channel/UCpdMslQdMA4GqQtzvCsdEXg CONTACT us at https://cunninghamlegal.com/california-law-offices/contact/ to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California. WEBSITE: https://www.CunninghamLegal.com for California Estate Planning information FREE LEGAL WEBINARS: https://www.CunninghamLegal.com/webinars includes Q&As with expert attorneys! PHONE: 1-866-988-3956 for a consultation on a California Living Trust! © 2020 CunninghamLegal