[COLUMN] Section 704.730 amended: Increasing homestead exemptions from $300K to $600K
DOES this sound right? It’s almost incredible, but it’s true. California Governor Gavin Newsom signed Assembly Bill 1885 into law and it is the current law on homestead exemptions effective in 2021! This is monumental because the old law provided the following homestead exemptions: If single, $75,000. If below 65 with another family member in…