Discover how Prop 19’s hidden impact threatens special needs trusts and could force families to sell their homes. This critical analysis reveals the devastating effects on families with special needs children in California.
Learn why this constitutional amendment could lead to astronomical property tax increases – potentially adding up to $1.3 million in extra taxes over 30 years. We break down the harsh realities of how Prop 19 affects both primary residences and rental properties held in special needs trusts.
Understanding these changes is crucial for:
• Families with special needs children
• Property owners in high-value areas
• Anyone planning to leave property to their children
• Those considering special needs trust planning
Don’t wait until it’s too late – many families are already facing impossible choices because they didn’t plan ahead. Our video explains why repeal efforts have failed and provides essential insights for protecting your family’s future.
This comprehensive guide explores real examples of families impacted by Prop 19 and explains why traditional inheritance strategies no longer work under the new law. Learn what steps you can take now to protect your family’s property and ensure your special needs planning remains effective.
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CHAPTERS:
00:00 – Intro
00:50 – Prop 19 Overview
03:30 – Will Prop 19 Be Repealed?
05:50 – Importance of Tax Planning
07:40 – California’s Largest Tax Increase
10:13 – Contact Information
10:23 – Subscribe to Our Channel
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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