California Property Tax Shock: Prop 19's Hidden Costs on Inherited Homes | California Insider скачать в хорошем качестве

California Property Tax Shock: Prop 19's Hidden Costs on Inherited Homes | California Insider

Proposition 19 may cause major property tax increases for Californians inheriting homes from their parents. Many voters supported Prop 19 in 2020 without realizing how dramatically it could impact families trying to pass down property. Today, heirs are discovering that inheriting a parent’s primary residence comes with strict requirements — “strings attached” that can be difficult to meet. If those requirements aren’t met, the property may be reassessed at today’s market value, potentially triggering a huge increase in annual property taxes. In this episode of California Insider, Scott McGrew speaks with experts including Lalit Kundani, tax attorney and estate planning specialist at Bridge Law, to explain what’s happening and what solutions may still exist. 📌 If you’ve inherited property — or may inherit soon — don’t wait until you get hit with a reassessment. 📅 Schedule a confidential one-on-one consultation with Lalit Kundani at Bridge Law: 👉 bridgelawllp.com/contact #Proposition19 #CaliforniaPropertyTax #EstatePlanning #InheritedProperty #TaxAttorney #CaliforniaInsider #BridgeLaw