Probate Loans

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.

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

A version of this article was first published by Jon Coupal on the Apartment Owners Association of California Inc’s blog.

Since many probate estates have limited liquidity, they’re often difficult to manage.

Proposition 19 (also known as ACA 11), which will go to a vote on November 3, calls for the repeal of Prop. 58 and Prop. 193, leading ..

In 1986, California voters approved a constitutional amendment under Proposition 58, allowing the exclusion of property tax reassessments when parents transfer property to their children.

When a parent dies and leaves his or her estate to children and other heirs, the estate assets must be equalized before any money or property can be distributed.