When the California voters passed Proposition 19, in 2020, they effectively created a death tax in California. A tax that hadn’t existed at that time. A lot of voters clearly didn’t know what they were voting on because they started to get very upset when they started to see property taxes changing. The Howard Jarvis […]

I selected the topic of Ancillary probate and property taxes in California because it’s a common discussion in my office and much more so since the passage of Prop 19 in California.  Prop 19 ripped the heart out of the parent to child transfer laws in California.  The old rules made it relatively easy for […]

Yesterday’s focus was the parent to child exemption for re-assessment in California property taxes. This is a booming area of law as Counties are desperate for tax revenue and finding people who do not do all their tax forms right can be an easy way to make more money. The key with property taxes is […]

Upon death or any other transfer of real estate in California you need to evaluate if a PT-58 form is required. It is the document which tells the county assessor that a transfer has been made, of real property, between a parent and a child.  This will preserve the parent’s property tax assessment or basis. […]

Most Californians known about the famous “Prop 13.”  Just google “Prop 13″ without specifying California and it will come up very high in your search I am sure! It’s the 1978 statewide proposition that established California’s modern day property tax system.  It set a ceiling on property tax based on your assessed value in 1975 […]