California Proposition 13 & Proposition 58

Recently there has been debate in California if Proposition 13 and Proposition 58 still make sense. Without hesitation, the answer is yes. In June of 1978, California voters passed Proposition 13 with 65% of the total vote. Still, to this … Continue reading

Trust and Estates Terms and Definitions

Matters pertaining to Trusts and Estates can be complicated, especially if you are unfamiliar with the terminology. The following is a glossary of terms that are commonly used in Trusts and Estates and loans made to trusts. Administration: Trust administration … Continue reading

California Trust Loans

Trust Loans in California We are a California lender that specializes in trust loans to assist beneficiaries, administrators, fiduciaries and trustees. We are one of only a few California lenders that provide trust loans to both revocable and irrevocable trusts. … Continue reading

California Trust And Estate Loans

We are a California lender that specializes in providing loans to Trusts & Estates for customers who are inheriting a home from a parent. Our loans provide the cash needed to allow each beneficiary, heir or sibling to receive an … Continue reading

Non Pro Rata Distribution Loans For Trusts and Estates

Non Pro Rata Distribution Loans For Trusts and Estates Commercial Loan Corporation is one of California’s leading providers of loans to trusts and estates. Our specialized mortgage infuses a trust or estate with cash so that a non pro rata … Continue reading

PROPOSITION 58 – CALIFORNIA REVENUE AND TAXATION CODE SECTION 63.1: PARENT-CHILD TRANSFERS

California Proposition 58 Parent to Child Transfer requirements. Continue reading

California Proposition 58 Information

California Proposition 58 – Transferring Property Taxes On An Inherited Home and Avoiding Property Tax Reassessment. Proposition 58 grants California property owners with the ability to transfer real estate between a parent and child and avoid property reassessment. This effectively … Continue reading

Information on California Proposition 58 & Avoiding Property Reassessment

California Proposition 58 Property Transfer & Avoiding Reassessment California Proposition 58 provides California property owners with the ability to transfer real estate and a low property tax base between a parent and child. There are requirements to qualify for the … Continue reading