I read that when making a revocable living trust, I could leave my property to my children “per stirpes.” Why is the law talking about us like we’re some kind of zebra? The phrase is Latin and it is “per stirpes,” not “per stripes.” Some bits of property law are extremely ancient in origin (and […]
property tax
Understanding How Proposition 19 Will Impact Californians
In our previous blog last week, California Proposition 19 Pass Now What?, we shared how Proposition 19, operates. In this blog, we follow up with some helpful examples and illustrations so you can better understand its application and impact. As a reminder, Proposition 19 is a California ballot measure that modifies Proposition 13 (which limits […]
California Proposition 19 Passes, Now What?
On November 3, 2020, California voters narrowly approved Proposition 19 (“Prop. 13”). The bad news for those that own real estate in California is that it came with significant property tax changes that go into effect on February 16, 2021. The good news is that you are reading this before that date and you still […]