Managing probate estates is not easy. When you are grieving after losing a loved one, the last thing you want to deal with is a complicated legal and financial process.
In its simplest form, parent to child (and grandparent to grandchild) transfers are excluded from reassessment, but sibling to sibling transfers are subject to reassessment when it comes to property taxes.
You may have heard a lot about Prop 58 recently and are wondering what it means.