(Cases appear in chronological order, with the oldest cases appearing first.)
Where an income beneficiary of real property held by a testamentary trust died and was succeeded by another income beneficiary, there was a change in ownership under Proposition 13--thereby allowing the property to be reassessed at its current market value for property tax purposes--because the beneficiary’s death caused a transfer of the property’s primary economic value to the successor beneficiary, who acquired a present beneficial interest in the property.
Reilly v. City and County of San Francisco - filed August 29, 2006, First District, Div. Three
Cite as 2006 SOS 4623
Order adjudging former trustee to be in direct contempt of court for failure to sign document as previously ordered by the court was invalid where it failed to mention previous order.
In re Ringgold - filed September 8, 2006, Second District, Div. Five
Cite as 2006 SOS 4849