Unlock the complexities of California property taxes with Attorney Andrew Bethel from Bethel Law. Dive deep into the world of real estate inheritance and understand the critical roles of Propositions 13 and 19 in shaping property tax regulations. This comprehensive guide offers a wealth of practical experience and insights into navigating the intricate landscape of California's property taxes. Whether you're dealing with inheritance, assessing property value, or exploring legal strategies to manage taxes, this video is your goto resource. Stay informed and make empowered decisions in the dynamic field of real estate and taxes in California. Don't forget to like, subscribe, and share for more expert advice.

0:00 Introduction & Update from 2020
0:53 Property Taxes in California – Setting the Stage
2:25 Proposition 13 & the Artificial Assessment Cap
4:19 Proposition 13 Exclusions
5:17 ParentChild & GrandparentGrandchild Exclusion
6:29 Proposition 19 Closing the Gaps
10:41 Gifting Costs Money in Taxes
12:39 No Refuge for Irrevocable Trusts
13:26 Family LLC – A Risky Refuge from Property Taxes
14:53 Legal and Practical Implications

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Disclaimer
Viewing this video does not create the expectation of an Attorneyclient relationship. The information from this video is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation.