Understanding How Prop 19 Impacts Your Family
Tuesday, January 5, 2021
From the Assessor's Office:
At the Assessor's Office, we understand that planning for a secure financial future is a top priority for San Francisco families, especially during these uncertain times.
On Nov 3, 2020, CA voters passed Prop 19, "The Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act," which makes changes to property tax benefits available to these groups. While this new law mostly expands property tax benefits for these groups, it includes provisions which significantly limit tax benefits for families who plan to pass property from parents to children. In response, our Office is organizing a Digital Family Wealth Workshop to educate San Francisco families about the loss of tax benefits before they go into effect on February 16, 2021.
We hope you will be able to join us for this event and share it with your family and neighbors who may find the information useful for their financial planning.
Understanding How CA Prop 19 May Impact Your Family
Tuesday, January 5, 2021
12:00 - 1:00 PM
Format: Digital Family Wealth Workshop