Prop 19’s Impact on Estate Plans

Posted Posted in Beneficiaries, Estate Planning

Ask Cale Beck, ESQ – Proposition 19 Brings Big Change to California Estate Plans The November election ballot included a couple of proposed California measures affecting how property was assessed and taxed in California.  The one that passed was Proposition 19, and its impact will affect most California estates and trusts more than voters were likely aware.  Under current law, Proposition 13 requires that California real property be reassessed on a change in ownership.  If […]