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Tax,
Government,
Family

Jun. 13, 2019

Bill that would have brought back state gift and estate tax fails to pass

Of all the tax bills that California state legislators were considering this year, the one that potentially had the most profound implications for California families was Senate Bill 378. The failed proposal would have brought back a California state gift, estate and generation-skipping transfer tax -- something that California repealed in 1982.

Scott E. Rahn

Founding Partner
RMO LLP

901 Bringham Ave
Los Angeles , CA 90049

Phone: (424) 320-9440

Email: rahns@rmolawyers.com

University of San Diego SOL; San Diego CA

Scott represents beneficiaries, professional and corporate fiduciaries in contested probate and trust estate litigation and conservatorship litigation matters and related estate administration issues.

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Bill that would have brought back state gift and estate tax fails to pass
Scott Wiener in San Francisco in 2014. (New York Times News Service)

Of all the tax bills that California state legislators were considering this year, the one that potentially had the most profound implications for California families was Senate Bill 378. The failed proposal would have brought back a California state gift, estate and generation-skipping transfer tax -- something that California repealed in 1982.

SB 378, along with many other California tax proposals such as a new corporate tax, gun ...

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