California’s Callous Death Tax Act
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.
6 Common Questions About Irrevocable Trusts
The concept behind a trust is fairly straightforward. It’s a legal arrangement in which one party, known as the ...
HJTA Announces Support for ACA 9 to Reverse New Inheritance Tax
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.
Howard Jarvis Taxpayers Association Reversing Tax Hike in Proposition 19
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.
How did Proposition 19 hurt taxpayers?
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 Reinstating Propositions 58 and 193
Assembly Constitutional Amendment 9 would REINSTATE Proposition 58 and Proposition 193, ...
Proposition 19’s Ugly Surprise for Apartment Owners and Tenants
A version of this article was first published by Jon Coupal on the Apartment Owners Association of California Inc’s blog.
Can a Reverse Mortgage Be Paid Off?
A reverse mortgage is a loan against your property. Homeowners age 62 or older can tap into the equity in their home and receive monthly payments or a line of credit.
4 Reasons Beneficiaries Should Borrow Against an Irrevocable Trust
When a loved one passes away and leaves money or assets to others, a process must occur for those items to officially transfer ownership. Unfortunately, trust obligations and personal needs do not wait.