WHAT IS PROBATE?

Probate laws in California require that you go through the probate process to allow the transfer of the decedent's property to the living heirs and settle/distribute the assets of the estate.

 

HOW LONG WILL IT TAKE?

It depends. The probate process can take anywhere from 6 months to 2 years to complete.

 

WHAT ARE CONSIDERED ASSETS?

Assets in an estate can include real estate, businesses, vehicles, and personal property items like jewelry, furniture, fine art, autos, coins collections and many other pieces of value belonging to the decedent. 

 

WHAT IS A FULL AUTHORITY SALE?

Full Authority (Independent Administration of Estates Act or IAEA). A Personal Representative having a Full Authority Sale is more streamlined than Limited Authority and doesn't have to have a court approval for every action that needs to be taken. 

 

MY LOVED ONE HAD A TRUST. IS PROBATE NEEDED?

It depends on your unique circumstances, but most likely, probate is not needed. A trust usually will identify the Successor Trustee. 

 

WHAT ARE SOME RESPONSIBILITIES OF AN ESTATE ADMINSTRATOR?

For a comprehensive guide for estate administrators, visit the IRS website  Click Here

This resource provides valuable information about the responsibilities and requirements involved in managing an estate. 

 

I DON'T KNOW HOW MUCH THE PROPERTY IS WORTH. HOW DO I GET A FREE PROPERTY EVALUATION?

Determining the fair market value of real estate is essential, and a Comparative Market Analysis (CMA) is a key tool in this process. We’ll conduct a thorough analysis and provide you with a free, no-obligation CMA within 24 hours.