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Since our founding 50 years ago, the mission of Sellar Hazard Manning Ficenec & Lucia has been simple: to provide its clients with the very best in legal service, in an effective and efficient manner, at a reasonable cost. We offer superior legal resources for client needs while maintaining a personal hands-on approach and a direct, problem-solving team relationship with clients.



News and Analysis

Trust Beneficiary’s Transfer Of Right To Income From Real Property May Trigger Property Tax Reassessment

Thursday, August 19, 2010
By James Ficenec
Trust Beneficiary’s Transfer Of Right To Income From Real Property May Trigger Property Tax Reassessment

Under California’s Proposition 13, property may be reassessed for property tax purposes under very limited circumstances.  One circumstance that can trigger reassessment is a change in ownership.  If a property has not changed hands for a significant period of time, reassessment may lead to a dramatic increase in property tax.  Three provisions of the... »

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