California Homeowners’ Exemption vs. Homestead Exemption: What’s the Difference?

California Homeowners’ Exemption vs. Homestead Exemption: What’s the Difference? featured image

Laws that impact home ownership are often not well understood. Many homeowners may not be aware of an exemption that slightly lowers annual property taxes or the exemption that protects homeowners from a particular kind of creditor — the judgment creditor, a creditor who has sued an individual in court and obtained a legal judgment to collect money owed. A judgment creditor has the right to take several actions to collect the debt, including selling assets like real estate.

Homeowners’ Exemption: An Annual Savings on Property Taxes

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Judith Gordon

Judy is a Principal based in the Silicon Valley office. She provides consulting advice for private clients and advisors on estate planning, wealth-transfer strategies, trust.

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