Posts by pwsadmin

Proposition 19, enacted in the November 2020 Election, eliminates the parent-child exclusion from property tax reassessment for transfers of rental property from parent to child. As a result, real estate investors are looking for new ways to transition real estate to the next generation in a tax-efficient manner. The rules applicable to LLCs under the…

CALIFORNIA PROBATE LEARNING CORNER: Do you really need to pay your recently deceased loved one’s bills? I have been taking on and dealing with more and more probate cases in my practice over the past few years, which I highly enjoy. However, I have noticed during my probate cases how little my clients, who are…