Many Californians were taken aback when they learned the truth about Proposition 19.
Proposition 19 created serious hardships for many California residents who had hoped to leave an inheritance for their children and grandchildren.
In fact, the Repeal the Death Tax Act goes one step further, by increasing the taxable value exemption to $2.4 million. That figure will be automatically adjusted in the future to account for inflation.
The concept behind a trust is fairly straightforward. It’s a legal arrangement in which one party, known as the ...
The Howard Jarvis Taxpayers Association today announced its strongest support for Assembly Constitutional Amendment 9, introduced by Assemblyman Kevin Kiley (R-Granite Bay) on Monday.
The Howard Jarvis Taxpayers Association is launching an effort to reverse the damaging property tax increase on inherited homes and businesses that was enacted with the passage of Proposition 19 in November.
Proposition 19, titled “The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act,” was a measure on the November 2020
ACA 9 would reinstate Propositions 58 and 193. SB 668 would give families more time to plan family transfers of property
Assembly Constitutional Amendment 9 would REINSTATE Proposition 58 and Proposition 193, ...