Prop 13 may require reassessment of property upon the death of a trustor.
- 08.31.2017The death of a trustor of a trust that holds real property can trigger reassessment as of the trustor's death unless the trust leaves the property to the trustor's spouse or children. But certain notices and forms must be filed with the county assessor to avoid the reassessment to fair market value as of the date of death,
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