Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2015
Property Tax Annotations
625.0000 PARENT-CHILD TRANSFER
625.0202 Trusts. A married person owning separate property may make his/her spouse a joint owner and thereafter, both spouses may transfer the property to a trust for the benefit of the children of the original owner and thereby qualify the transfer to the children for the parent/child exclusion, regardless of the fact that one of the trustors is a stepparent. This enables the parent and stepparent to combine their separate $1,000,000 exclusions and jointly transfer the property to the trust without reappraisal. C 2/8/1988.