06/19/2026
Could Prop 19 affect your family's long-term plans? 🏡
For many California homeowners, the answer is yes.
Before Prop 19, parents could pass a home to their children and preserve the property's existing tax basis. Today, inherited properties may be reassessed at current market value unless specific requirements are met, potentially resulting in a significant increase in annual property taxes.
We're seeing this impact how families across the Peninsula think about estate planning, property transfers, and long-term ownership strategies.
If your family owns property and hasn't revisited its estate plan recently, now may be the time to start the conversation.
Dana Carmel Group | DRE 02076519