CA Prop 19 Passes and Opportunities Prior to Biden Tax Laws
Among other changes to Prop. 13, many people will experience a negative impact from Prop. 19, since it considerably limits the availability of the parent-child exclusion for purposes of limiting reassessment of real estate property taxes upon the transfer of property from parents to children. And for those with estates over $5 million, there are opportunities prior to enactment of the new tax laws. ...
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