Former Assessor Carmen Chu created the Family Wealth Forum, an all-day community focused event that addressed frequently asked questions about estate planning and passing on a family’s most valuable asset, their home.

In 2021, Assessor Joaquín Torres expanded the program in partnership with community-based organizations as well as the SF Public Library. The goal of the Family Wealth Series is to take resources and experts into underserved communities to build homeownership across neighborhoods.

Some people face barriers to accessing services like financial advising and credit counseling – a pervasive and costly issue. Without bank accounts or credit scores, many communities are locked out of the financial system. Our goal with the Family Wealth Series is to lower barriers and connect all San Franciscans, regardless of household income, with the resources they need to make the right financial choices to build a life of safety and security for themselves and their families.

The high turnout and positive responses from attendees at previous Family Wealth events are a clear indication that there is a need in the community to share information and resources to build financial resilience.

 

Digital Family Wealth Series Workshop Descriptions

If you have any follow up questions about the workshop content or would like to collaborate on a workshop idea, contact assessor@sfgov.org.

Prop 19
Eligible homeowners can take advantage of property tax savings that come from Prop 19, which passed in November 2020. San Francisco Assessor Joaquín Torres takes a deep dive into Prop 19 and shares new benefits for seniors and families in this presentation.

Video Presentation: Prop 19 Property Tax Benefits

Additional Prop 19 Resources: Learn more about Proposition 19 (2020) Learn on our one-stop webpage here. 

 

Personal Finance for First-Time Homeowners
Are you planning to buy your first home? This workshop introduces concepts of lending and credit score. Gain tangible steps to build credit and reach financial goals, including purchasing your first home. San Francisco Assessor Joaquín Torres welcomes Northeast Community Federal Credit Union and Mission Asset Fund to co-present this workshop.

Video Presentation: Personal Finance for First-Time Homeowners

Property Tax 101
Knowing how your property taxes work, what causes them to go up and down and what exemptions are available is important – and that knowledge can even save you money. In this workshop San Francisco Assessor Joaquín Torres covers property tax basics, explains what they pay for, and how to pay them.

Video Presentation: Property Tax 101

Estate Planning 101
This workshop explains the difference between passing on property through probate versus having an estate plan in place. You’ll learn key components of an estate plan, including a trust, durable power of attorney, advanced healthcare directive, and a will.

Video Presentation: Estate Planning 101