The recent passing of Proposition 19 is going to have a massive effect on the real estate taxes as it has dramatically changed Prop 13. It will affect the real estate taxes on properties when the owners pass, as well as Seniors wishing to move or downsize. Like anything in life, the change has both good and bad components depending on the circumstances. The changes are complex and very specific to each property, so feel free to reach out to Nancy directly about your specific situation. She’ll help you. She can also refer you to or work with your existing attorneys and accountants to help you get specifics and the financial impact to you and your estate plan.