California’s Proposition 19, which took effect in February 2021, brought significant changes to property tax rules, especially affecting parents and grandparents who own real estate. These updates have reshaped how families plan property transfers and manage tax burdens. Understanding the new rules and acting strategically can help families protect their assets and reduce unexpected tax costs. This article explains how Prop 19 impacts property owners, what strategies parents

The holiday season brings families together, often under one roof for the first time in months or even years. For those of us with aging parents, this gathering offers a rare chance to talk about important but often avoided topics like estate plans. I’ve seen firsthand how these conversations, when held during holiday visits, can prevent confusion, conflict, and costly legal issues later on. Avoiding these talks, on the other hand, can lead to serious risks that affect everyo