Are Parent-Child Transfers under California Prop 19 Destroying the Ability to Create Generational Wealth?

Authors

Golden Gate University School of Law

Document Type

Article

Publication Date

4-8-2021

Abstract

On November 3, 2020, California voters narrowly voted to pass Proposition 19 (Prop 19) which affects how California homeowners are able to pass on property to family members. Effective on February 16, 2021, parents attempting to pass on their family home to children are now inadvertently restricting how their children can and will use the home.

Comments

This blog post is also available at:

https://ggulawreview.com/2021/04/08/are-parent-child-transfers-under-california-prop-19-destroying-the-ability-to-create-generational-wealth/

Recommended Citation

Golden Gate University School of Law, "Are Parent-Child Transfers under California Prop 19 Destroying the Ability to Create Generational Wealth?" (2021). GGU Law Review Blog. 84.
https://digitalcommons.law.ggu.edu/ggu_law_review_blog/84