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Thinking about transferring ownership of your property to a child? This seems like it would be a great idea to help your kids out, but there might be a few issues you haven't considered. I'll talk about the disadvantages of transferring ownership of property from parent to child that you should consider. 00:00 Welcome 1:02 California Property Tax 2:16 Proposition 19 6:57 Other types of tax 10:12 Estate Planning in General ✅ Schedule Call with Intake Team 👇👇 https://cookmanlaw.com/talk-to-intake... ✅ Please Subscribe to my channel I put out a new video every week → / @ellencookman-estateplanningsnt ✅ Download the Estate Planning Webinar 👇👇 https://cookmanlaw.com/estate-plannin... ✅ FREE Parenting When You’re Gone Guide 👇👇 https://cookmanlaw.com/estate-plannin... ✅ Download the Limited Conservatorship Webinar 👇👇 https://cookmanlaw.com/limited-conser... 💥 Follow me on Social Media 💥 Instagram: / cookman_law Facebook: / cookmanlaw LinkedIn: / ellen-cookman-jd-ll-m-88728b12 Website: https://cookmanlaw.com/ Newsletter: https://cookmanlaw.com/cl-blog/ Looking forward to connecting! Please call or text with any Estate Planning questions: (650) 690-2571 The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Ellen Cookman or Cookman Law, PC. Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Ellen Cookman nor Cookman Law, PC makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites. This YouTube channel is provided "as is," and does not represent any outcome or result from viewing this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Ellen Cookman, Cookman Law, PC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind. © 2022 Cookman Law. All rights reserved. #estateplan #proposition19 #capitalgaintax