05/21/2026
Nevada County Assessor Rolf Kleinhans and the Nevada County Assessor’s Office are launching a two-part series to help property owners better understand how trusts can impact property taxes.
This first article explains that while trusts are a common estate planning tool, certain property transfers involving trusts may still trigger reassessment under California law. It also highlights how ownership changes, refinancing situations, and joint tenancy interests can affect property tax assessments depending on the specific circumstances.
Part II, coming next week, will cover additional trust scenarios, reassessment rules, and exclusions that may be available under California law.
To read Part I of the series, click here:
https://nevadacountyca.gov/m/NewsFlash/home/detail/8715