Santa Barbara Estate Planning and Trust Attorney April Lavigne created a Law Alert regarding the expansion of the Property Tax Basis Transfer Rules as a result of Proposition 19. The expanded basis transfer rules could help Californians save a significant amount of property taxes each year. On November 3, 2020, California voters passed the Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act (Prop. 19). Among other changes, Prop. 19 expanded existing property basis transfer rules Read more »
Expansion of Property Tax Basis Transfer Rules as a Result of Proposition 19
