Introduction
As an executor or personal representative, one of the key responsibilities is understanding the potential for supplemental property taxes after the sale of a property. In California, supplemental taxes are triggered when a home is reassessed after a sale or when an owner passes away.
In this video, we break down how supplemental property taxes work, how they are calculated, and what you need to prepare for as a personal representative. We also share real-life examples of how waiting for these tax bills can cause complications if not anticipated.
Watch the full video and learn how to handle this process smoothly to avoid complications when distributing the estate’s funds.