**Are you aware of the Top 3 Prop 19 Mistakes That Could Cost You Millions?** If you own property in California, this video is essential for you. Mark Gilfix from Gilfix & Associates dives deep into the implications of Prop 19 on California real estate, estate planning, and property taxes.
In this educational video, Mark discusses the upheaval caused by the demise of Prop 13 and the enactment of Prop 19. He outlines three critical mistakes families often make when planning for Prop 19 or failing to plan altogether. You’ll learn about the potential pitfalls of adding a child to the title, gifting property without careful consideration, and the dangers of no planning or improper planning. Mark also addresses the common misconceptions and provides actionable steps to protect your family’s assets for generations.
**Key Topics Covered:**
– Impact of Prop 19 on primary residences and rental properties
– Will Prop 19 be repealed? Spoiler: No
– Common planning mistakes and how to avoid them
– Solutions to safeguard your property from massive tax reassessments
Don’t let Prop 19 catch you off guard. Take action now to secure your family’s financial future. Contact Gilfix Law for personalized legal advice and tailored estate planning solutions.
CHAPTERS:
0:00 – The Demise of Prop 13 in California
0:40 – Why You Should Care About Prop 19
3:08 – What is Prop 19
7:43 – Will Prop 19 Be Repealed
8:58 – How Prop 19 Affects Your Family Home
9:13 – Other California Tax Measures You Should Know About
12:05 – What You Don’t Need a Lawyer For
13:03 – What’s at Stake: $3.3M Home
17:52 – Mistake #1: Not Planning for Prop 19
20:24 – How to Protect Your Property from a Massive Reassessment
23:00 – How We Can Help You
24:54 – Hope is Not a Strategy – Take Action Now
26:10 – Contact us at gillfix.com
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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