Did you know California’s Proposition 19 could trigger a $13,000 annual property tax increase on inherited homes? Without proper estate planning, a property worth $2 million faces immediate reassessment, potentially costing your heirs $360,000+ over 20 years. This harsh reality catches many California families off guard. They assume passing property to children is simple, but

When a property owner wants to transfer real estate but still retain the right to live in or use it for the rest of their life, they may create a life estate.  This estate planning tool splits ownership into two separate interests: one for the present and one for the future. But that often raises