Special needs trusts count for parent-child home transfers that avoid property tax reassessment
A court-approved special needs trust now counts as a valid way to pass a home or family farm from parent to child, or in some cases grandparent to grandchild, under the exclusion that keeps the property from being reassessed.
Who it affects
Families passing a home or farm to a child with a disability
When
This law takes effect on January 1, 2027. California laws take effect on January 1 of the year after they are signed, unless the law says otherwise.
- : Signed into law
- : This law takes effect
Official text
California SB 974: Property taxation: change in ownership: generational transfers: special needs trusts.
On California Legislative Information. The official text is what counts; read it before you act.
Not legal advice. Plain-English summaries to help you find what changes and when. Not legal advice: read the official text, and ask a lawyer about your situation.