Suze Orman
๐ค SpeakerAppearances Over Time
Podcast Appearances
But I'm telling you- It's worth it, right?
It is so worth it.
It's not even funny.
Usually, KT, they're allowed to keep the dad's property taxes based on the tax limit when they do it, plus a million dollars.
It's so worth it, I can't tell you.
So for your meeting with the attorney-
Can you make sure that you ask, you write this down, my love, right?
Can you structure the trust so I inherit the home at dad's death as my primary residency and give me written instructions for moving within one year, filing the Prop 19 parent-child exclusion and the homeowner's exemption on time with our county?"
have them draw that up for you so that you do it exactly like they tell you.
Because if it doesn't work after they've drawn it up for you, guess who you can come back and get?
The lawyer that did it.
So that's what I want you to do.
Fabulous for them, right?
All right.
Next question.
Do you know that if she had other brothers and sisters, she doesn't?
No, only child.
I know.
But let's say she did.
So everybody, you should know this in California, if one child moves in there as their primary residency, and then they don't want to live there anymore, then another child can move in within that next year.