Can the Creation of the California Fire Response Fund Lead to a Tax Increase? What You Should Know About Prop 19
November 25, 2020
The California voters passed Prop 19, also known as the California Fire Response Fund proposition, which goes into effect in 2021. This proposition can have surprising effects on property tax and estate planning as it relates to transfers to children. On this episode of CalCurrent, private client services partner, Steffi Hafen, discusses the history that brought us to Prop 19, and the effects it can have on California homeowners.
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