I created a trust and got a property tax assessment! What do I do?
I created a trust and got a property tax assessment! What do I do?
If you recently created a trust, or transferred ownership of your property, you could be facing a property tax assessment. Depending on the name of your trust, if the property tax assessor’s office cannot identify the beneficiary they can reassess your property taxes. Your estate-planning attorney should guide you on what to do if you get a property tax assessment from the creation of a trust. For more information about trusts, please call our office for a free phone consultation!