As a point of clarification, the 2025 tax rate for New Kent County WAS $0.60 per $100. THE CURRENT 2026 RATE IS THE EQUALIZED TAX RATE - $0.54 per $100. Equalization is required by State Code during a reassessment year and real property reassessments take place once every two years in NKC. During the budget process in the Spring, the Board of Supervisors will THEN decide whether to lower, raise, or keep the $.0054 rate. The budget process is annual and is an open process by which the Board of Su

Putting your home in a revocable living trust does not increase property taxes in California. Proposition 13 keeps property taxes low by preventing reassessment when transferring real estate into a trust. The California Board of Equalization allows homeowners to move property into a trust without losing low tax rates. Estate planning, revocable living trusts, property tax rules, and avoiding probate help protect family homes and keep property taxes from going up. #EstatePlanning #LivingTrust #Fi