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It ruled that if a land trust was set up with some minor duty on the trustee (such as to deed the property to the beneficiaries 20 years later), then the trust would not be considered passive and would be valid. Thus, the land trust in America today is often called an "Illinois-type" land trust or "Illinois Land Trust". [2]
In 1965, the Williamson Act became law, providing property tax relief to owners of California farmland and open-space land in exchange for agreement that the land will not be developed. The 1960s and 1970s saw major farm worker strikes including the 1965 Delano grape strike and the 1970 Salad Bowl strike.
American Farmland Trust (AFT) is a non-profit organization in the United States with a mission to protect farmland, promote environmentally sound farming practices, and keep farmers on the land. AFT is staffed by farmers, policy experts, researchers, and scientists, and governed by a board of directors.
The number of easements within state programs, which comprise nearly half the nation’s protected acreage, has grown by about 20% over the last five years, according to the American Farmland ...
Seniors can have their homestead assessed value "frozen" at the next assessment date after reaching age 65. California exempts the first $7,000 of residential homestead from property taxes. Colorado allows a 50% deduction for up to the first $200,000 (equivalent to a $100,000 exemption if the property is valued at $200,000 or above) for seniors ...
The post Living Trust vs. Will in California: Differences and How to Choose appeared. Today’s choices shape the future for children, great-grandchildren and future descendants. For Californians ...
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The Sanctuary Law, a sequel to the 2013 state law called the California Trust Act, is designed to prevent local law enforcement agencies from detaining undocumented immigrants who are eligible for deportation by the U.S. Immigration and Customs Enforcement (ICE) for violating immigration laws except in cases where the undocumented immigrants ...