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.

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 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

Assembly Constitutional Amendment 9 would REINSTATE Proposition 58 and Proposition 193, ...

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