Despite a trend toward legalization of marijuana at the state level, the ownership of marijuana related businesses as trust or estate assets continues to pose unique challenges and legal risks in large part due to marijuana’s still-illegal status at the federal level and its heavily-regulated status in California.

Speaker will discuss a framework for addressing and solving property tax issues for clients engaged in estate planning, gifting, and property management. Participants will learn about the impact Proposition 19 will have on property tax rules for transfers of property and reassessment.