Can you tell me what probate means?
Probate is the entire process of administering a dead person’s estate. This involves organising their money, assets and possessions and distributing them as inheritance – after paying any taxes and debts. If the deceased has left a Will, it will name someone that they’ve chosen to administer their estate.
What are the codes for probate in California?
GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS [1400 – 3925] DIVISION 4.5. POWERS OF ATTORNEY [4000 – 4545] DIVISION 4.7. HEALTH CARE DECISIONS [4600 – 4806]
When is probate not necessary in Southern California?
In addition, all persons who are beneficiaries of the assets must sign the affidavit and you must wait 40 days after the decedent’s death before initiating the transfer of assets. If the estate consists of personal property and real property valued at $150,000 or less.
What’s the maximum fee for probate in California?
California Probate Code § 10810 sets the maximum fees that attorneys and personal representatives (i.e. executors, administrators, etc.) can charge for a probate.
Where can I get a probate attorney in California?
If you have additional questions or concerns regarding the probate of an estate in California, contact the experienced Riverside estate planning and probate attorneys at Dennis M. Sandoval, A Professional Law Corporation by calling (951) 888-1460 to schedule an appointment.
What is the California Probate Code for 2012?
CALIFORNIA PROBATE CODE CALIFORNIA PROBATE CODE Jan. 1, 2012 – DO NOT FILE WITH THE COURT – Sections 13006, 13050-13051, 13100-13116 13006. “Successor of the decedent” means:
When is probate not necessary in the state of California?
The following guidelines, however, can be used to provide a preliminary answer to the question “When is probate not necessary in California?” Probate is the legal process that is often required following the death of an individual. Probate serves several functions, including: Ensuring that the decedent’s assets are identified, located, and secured.
Who is the affiant in the California Probate Code?
Probate Code ) to the described property. (8) Either of the following, as appropriate: (A) “The affiant or declarant is the successor of the decedent (as defined in Section 13006 of the California Probate Code ) to the decedent’s interest in the described property.”
How much money do you have to pay in probate in California?
property described in Section 13050 of the California Probate Code, does not exceed one hundred fifty thousand dollars ($150,000).” (6) A description of the property of the decedent that is to be paid, transferred, or delivered to the affiant or declarant. (7) The name of the successor of the decedent (as defined in Section 13006 of the California