
Prop 19: READ THIS NOW If Planning to Transfer Real Property to Your Child or Grandchild
Please note the purpose of this article is to bring Proposition 19 to your attention so you’ll have time to act before the new law takes effect on February 16th 2021. You are advised to talk to your financial planner, tax consultant and/or attorney as soon as possible to determine if, or how the new law will affect your particular tax situation. California voters passed Proposition 19 in November of 2020. If you have real property that you are intending to transfer from paren