Are you making these critical Prop 19 planning mistakes? In this eye-opening video, the experts at Gilfix Law discuss the top three Prop 19 planning traps that could lead to significant property tax reassessments and unwanted capital gains taxes. From adding your child to the title incorrectly, to gifting your property prematurely, to relying on improper planning methods like living trusts or family entities—learn why these common strategies can backfire and how to avoid them.
Discover essential insights on California real estate, estate planning, and property taxes. Gain a clearer understanding of the legal intricacies surrounding Prop 19 and ensure your family’s financial security.
CHAPTERS:
0:00 – Mistake #1: Adding Your Child to Title – Estate Planning
0:37 – Mistake #2: Gifting the House to Your Child – Tax Implications
1:28 – Mistake #3: No Planning or Improper Planning – Legal Issues
2:06 – Don’t Make These Mistakes – Estate Planning Tips
2:45 – Outro
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues.
To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com
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