Prop 19 and Property Taxes on Inherited Property: If your child’s name was not listed on your deed by February 2021, now if they inherit your house, they will have to live in the property themselves as their primary residence within one year of your passing. Otherwise, your adult children will be hit with a …
Prop 19 and Property Taxes on Inherited Rental Property from Parent to Child Read More »
Understand how the different types of powers of attorney work, i.e., naming someone so they hare authority to act for you in medical or financial decision making if you can’t make decisions yourself. Decide when you want the power of attorney to start. You can have it start immediately, or start only when and if …
What to Consider Before Signing a Power of Attorney Read More »
The person you choose to be your executor should be someone you trust. These questions will give you some ideas on what to consider when choosing who to name in your will as the person in charge of distributing your property after you die. Personality Does this person know how to handle money and property? …
