On November 3, 2020, California voters approved Proposition 19 (“Prop 19”). Prop 19 brings major changes to California property tax assessments, namely (1) changes to the parent-child exclusion; and (2) changes to the base year value transfer for certain property owners.
Are Your Affairs in Order?
The COVID-19 pandemic has affected everyone’s lives. Prior to this pandemic, establishing an estate plan was probably not a high priority for many people. However, as COVID-19 cases continue to rise, we have been forced to face our fears of falling ill, incapacity, and death, and to learn the importance of getting your affairs in order.
