Avoiding Financial Pitfalls: Property Reassessment and Tax Bills | San Diego Probate

In this week's video, Kim explains the complexities of property reassessment and supplemental tax bills in San Diego. After the passing of a loved one, property taxes can increase significantly, leaving the estate with unexpected bills. With over 20 years of experience, Kim and her team help executors, administrators, and trustees navigate the challenging world of probate real estate.

Understand how California's Proposition 19 impacts property taxes and what steps you need to take to avoid unexpected supplemental tax bills. Learn why it's crucial to hold back funds in the estate account and how to handle additional expenses like estate tax preparation.

With detailed examples and real-life scenarios, this video helps you understand the impact of Proposition 19 and how to manage the financial aspects of probate real estate effectively.