Prop 19’s Second Major Change

I’m back with friend Amanda Ewing-Rice from the Atashi Rang Ewing-Rice Law Firm to continue our discussion on Proposition 19, which California voters helped pass back in November 2020. It may not be the juiciest topic out there for table talk, but these critical property tax changes affect so many homeowners’ short- and long-term plans that we’d be remiss not to cover them all. Today in the final part of our two-part Prop 19 series, we’ll be focusing on Prop 19’s effect on the parent-child tax reassessment exclusion. Essentially, it introduced two critical restrictions that could change the way Californians gift properties. To learn more, watch my latest video.

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