Download the petition now at: RepealTheDeathTax.com
We are seeing, first hand, many families having to sell their inherited homes due to Proposition 19’s death tax. We have written on extensively on Proposition 19 (aka Prop 19) and its death tax on inherited property. Prop 19, the new law in 2021, replaced older propositions 58, 193, 60 and 90, and no longer allows parents to transfer their property tax basis (i.e. the Prop 13 value) to their children, except in limited situations, resulting in dramatic property tax increases for most families who inherit real estate.
(Review our many articles on Prop 19 starting here, link to main prop 19 page.)
Now available! The official Howard Jarvis Taxpayers Association legal petition to get the Repeal the Death Tax initiative on the November 2024 ballot is here! We are excited to tell you that the official petition for Repeal the Death Tax is now available.
Download the petition now at: RepealTheDeathTax.com
You can download the official petition right now at that link. The petition is a standard letter-sized page, so you can print a legally valid petition on any printer, on standard 8-1/2″ by 11″ paper.
The petition is in a pdf file along with complete instructions and the legally required Official Top Funders sheet that must be shown to every petition signer. (This sheet will be updated every month, you’ll always be able to get the latest one on our website.)
You can print as many petitions as you’d like to circulate and you can also make copies on any copier. If using a copier, just be sure the top margin of the copies is the same as the original. The top margin must be at least 1 inch, that’s one of the requirements for a legally valid petition.
Please help spread the word that the petition is now available! Email the RepealTheDeathTax.com link to everyone you know, post it on social media, tell friends and family. Any registered voter in California may sign the petition, and any person 18 years of age or older may circulate the petition for signatures (circulators are not required to be registered voters, citizens or California residents).
More than a million signatures are needed and they are asking everyone to send the signed petitions back to us as soon as possible but no later than Tuesday, January 16. The return address is in the pdf with the petition, and we’re working to set up a list of drop-off locations, too.
This important initiative will restore the ability of parents to transfer their home and a limited amount of other property to their children without any change to the property tax bill. It will also restore the same rights for grandparents if the children’s parents are deceased. These constitutional rights that Californians had for decades were taken away by Proposition 19, which passed narrowly in 2020. Voters were not told that Prop. 19, in addition to protecting seniors and wildfire victims, was also the largest property tax increase in California history.
Download the petition now at RepealTheDeathTax.com
The Repeal the Death Tax initiative will restore the rights that were lost but will not change the other parts of Prop. 19. It will be retroactive, meaning people whose property was reassessed for a parent-child transfer will be able to get their property’s original trended base-year value (under Prop. 13) back again, as if the reassessment had not taken place.
The Howard Jarvis Taxpayers Association will be launching a radio advertising campaign soon and will do as much advertising as they can afford.
If you’re able to support the campaign with a donation, it will go far to help us make sure every voter in California hears about the Repeal the Death Tax initiative. Click here to donate online: https://www.efundraisingconnections.com/c/RepealtheDeathTax/
Please download and print the petition as soon as possible! You can print multiple copies and collect signatures from family and friends. The easy instructions are included in the downloadable file along with the petition.
Sources: Howard Jarvis Taxpayers Association
– Devin Lucas
Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, Costa Mesa and Orange County coastal communities, serving individual and investors in residential real estate.
Lucas Real Estate – Attorney Devin Lucas and CPA Courtney Lucas – are experts in California intra family transfers using all aspects of Propositions 13, 58, 193, 60, 90 and new Proposition 19. Learn more about how Lucas Real Estate may help your family transfer by clicking here.
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Lucas Real Estate is a unique full-service residential real estate brokerage providing related residential real estate legal services and real estate tax considerations and planning, based in Newport Beach, California. | Devin Lucas is a licensed California Real Estate Attorney, Real Estate Broker and REALTOR® | Courtney Lucas is a California licensed CPA and REALTOR®
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