Trust & Estate Loan Videos

Click on one of the following videos to learn more:

Commercial Loan Corporation – Transferring Property From Parent to Child – Avoid Property Tax Reassessment On An Inherited Home

California Proposition 58 allows for a parent to child transfer of Real Estate and permits an exclusion for property tax reassessment if certain conditions are met. One of the conditions is that an equal distribution must be made from a trust or estate. Commercial Loan Corporation provides third party loans to trusts and estates so that an equal distribution can be made.

California Proposition 19 is the Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act. Proposition 19 was approved by California voters on November 3, 2020. California Proposition 19 takes effect on February 16, 2021. Proposition 19 modified California Proposition 58 by requiring that the child or children use the residence as their principal residence in order to avoid property tax reassessment. Additionally Prop 19 put a cap of $1,000,000 on the amount of property value that can be excluded from reassessment.

Please call us at 877-464-1066 to see if you qualify for Prop 19 or Prop 58.

 

Commercial Loan Corporation – Transferring Property From Parent to Child – The Basics of Proposition 58

The basics on California Proposition 58. Watch this 8 minute video to learn about California Proposition 58 and the potential tax benefits that you may be eligible to receive.

Please call us at 877-464-1066 to see if you qualify.

 

Commercial Loan Corporation Trust & Estate Loan Benefit Calculator

The above video shows you how to use and explains the Commercial Loan Corporation Trust & Estate Benefit Calculator. The Trust & Estate Loan Benefit Calculator allows you to quickly find out if it is beneficial to use a third party loan to preserve a parents low California Proposition 13 Tax Base on an inherited loan.

You can access the calculator here: https://cloanc.com/nprd-calculator/

 


Commercial Loan Corporation Trust & Estate Loan Benefit Calculator

 

This video explains how to use the Commercial Loan Corporation Trust Distribution Calculator. The Commercial Loan Corporation Trust Distribution Calculator will help you determine if it is more beneficial to keep or sell an inherited property when a third party loan is required to use Proposition 58 or Proposition 19 to keep a parents low property tax base on an inherited property. The Trust Distribution Calculator will help you estimate the fees associated with keeping and selling the home as well as helping you determine what each beneficiary is expected to receive at distribution.

If you would like to receive a copy of the calculator please visit Commercial Loan Corporation at www.cloanc.com or call us at 877-464-1066.