Concerned about potential massive tax increases on your $3.3M home? This video dives deep into how Prop 19 impacts your California real estate and estate planning. Discover how a $3.3 million home, purchased decades ago with a low assessed value, can lead to skyrocketing property taxes for your heirs. Learn why planning ahead is crucial to protect your family’s financial future.
In this insightful video, Mark Gilfix from Gilfix Law explains how property tax reassessments can result in tens of thousands of dollars in annual increases. With Prop 19 offering limited protections, especially for high-value properties, failing to plan could financially burden your loved ones, potentially costing them millions over time.
CHAPTERS:
0:00 – Prop 19: $3.3 Million Home Impact
2:42 – Prop 19: Rental Property Effects
5:20 – Thanks for Watching
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
source
