Will the property be reassessed if it passes to the decedent’s child(ren)?
Yes. However, if all or some of the property is passing to the decedent’s child(ren), the decedent’s child(ren) may qualify for a reassessment exclusion. In order to qualify, a Claim for Reassessment Exclusion for Transfer between Parent and Child (Own-188) must be filed with our office. Click on Reassessment Exclusion for Real Property Transfers Between Parent and Child for more details.
Related Questions
- I would prefer that the other parent of my child(ren) have no partial custody or visitation with my child(ren). What are the chances?
- What standard does a court use in determining who should have custody of the child(ren)?
- If we have a play-date set up, will the sitter watch the other child or child/ren?
