·         " For Prop 58: Any child born of the parent(s). Any stepchild of the parent(s) and the spouse of the stepchild while the relationship of stepparent and stepchild exists. Any son or daughter-in-law of the parent(s), adopted child who was adopted before the age of 18. The relationship exists until marriage is terminated by divorce, or, if the relationship is terminated by death, until the remarriage of the surviving son-in-law or daughter-in-law.

·         " For Prop 193: The same relationship requirements for children apply to grandchildren, step-grandchildren and grandchildren-in-law. The parents of the grandchildren who would qualify for a Proposition exclusion from the grandparents must be deceased. There are other eligibility requirements that must be met, as well. Contact us for more information about qualifying for Prop 58/193.

This information has been provided as a service. Since every situation varies, it is strongly advised to seek counsel from independent tax advisors, tax attorneys, and/or CPA. Ruth Mills / The Ruth Mills Team / The Mills Team / Ruth Mills / Ruth Mills Ruth Mills / San Diego Real Estate