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
Prop 19 California: What is it?
If you own property in California, Prop 19 could be the most important (and expensive) law you’ve never heard of.
In this video, we break down what is Prop 19, how it changes everything about property tax in California, and what steps you need to take now to protect your family and your legacy.
Before Prop 19, families could pass down real estate with low property taxes thanks to Prop 13 and Prop 58. But now?
Those same properties could face a 500% to 2000% tax increase—unless you plan ahead. We’ll explain how Prop 19 affects inheritance, how to avoid a property tax reassessment, and why parent to child transfers are no longer as protected as they once were.
This video walks through real numbers, examples, and strategies—like why you should never just “add your kids to title,” how to preserve the step-up in cost basis, and which legal tools might still allow you to pass property while avoiding reassessment.
From primary residence rules to the risks with rental properties, you’ll understand exactly what’s changed, why it matters, and what you can do.
If you’re hoping Prop 19 will be repealed, don’t count on it. The law is here, it’s already impacting middle-class families, and it could cost you tens of thousands each year.
Prop 19 California is now part of the constitution—hope is not a strategy.
Watch now to understand the full impact of California Proposition 19, and share this with anyone who owns property in California.
Your future self (and your kids) will thank you.
00:00 Why Prop 19 Matters
00:22 What Changed With Prop 19
03:33 What Happens to the Family Home
05:32 Common Mistakes to Avoid
08:33 Can Prop 19 Be Overturned?
11:09 Final Thoughts & How to Protect Yourself
source
