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In-House Legal Counsel for Beneficiaries; Proposition 19
3 months ago
Organization Type:
- In-House
Job Type:
- Attorney
Practice Area:
- Tax
- M&A and Transactions >> Tax
- Private Client Services
Practice Area:
- Trusts and Estates >> Trusts and Estates
Practice Area:
- Elder Law >> Elder Law
Practice Area:
- Trusts and Estates >> Estate & Tax Planning
Commercial Loan Corp
Company Profile
We specialize in loans to trusts and estates.
When beneficiaries inheriting property from parents wish to buyout co-beneficiary siblings' share of that property with a trust loan, in conjunction with Proposition 19 (formerly Prop 58) to avoid property tax reassessment.
Therefore, we provide the financing needed for equal distribution to beneficiaries selling out their inherited property shares.