What Happened After California Voted Yes on Prop 19

What happens to a family home after it is passed down? In California, voters approved Proposition 19 in 2020 with the promise of helping seniors and wildfire victims. For many families, the outcome has been sharply different from what they expected. We look at how Prop 19 affects family decisions around inherited homes. We also examine changes in property tax assessments and how higher ownership costs can affect rental properties with long term tenants. In this episode, we speak with Lalit Kundani, partner at Bridge Law LLP, estate planning attorney James Burns, homeowner Robert Locke, and Susan Shelley of the Howard Jarvis Taxpayers Association, who explain how the law works, what many families missed, and what options still exist. 00:00 - Intro 01:28 - Background and Intentions Behind Proposition 19 03:08 - Details of Property Tax Reassessment 14:24 - Strategies to Mitigate Tax Increases 23:38 - Client Experiences and Strategies 30:23 - Impact on Tenants and Rental Properties 36:09 - Legislative Efforts to Address Proposition 19 📲 Protect your wealth with American Hartford Gold: https://offers.americanhartfordgold.c... 📩 Email Us YOUR Story: Siyamak@californiainsider.com 👉 Read California News: https://californiainsider.com/ Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of California Insider. -------------------- 🇺🇸🇺🇸🇺🇸 Watch our Documentary "Leaving California" at https://leavingcamovie.com/ 🟡 Sign up for our newsletter: https://californiainsider.com/email-s... 💟 Support us: https://donorbox.org/california-insid... • Facebook -   / cainsidershow   • X (Twitter) -   / ca_insider   • Instagram -   / california.insider   -------------------- #California #CaliforniaNews #CaliforniaInsider #CaliforniaProperty #Prop19 #PropertyTax