In this video, Attorney Justin M. Kennedy discusses the death probate. In California, if a decedent passes away with more than $166,250 in assets in their name (not held in Trust), then their assets may be subject to the death probate. In California, a probate attorney is paid a statutory amount which is the same whether you hire an experienced probate attorney, or one who is inexperienced. When you are looking for a probate attorney, you should focus your search on finding an attorney … [Read more...] about What is a Death Probate? (VIDEO)
Probate provides certain protections, but it also comes with a number of drawbacks. Learn more about probate in California in this presentation. Topics covered in this white paper include: Public Access Probate Expenses Delayed Inheritances Probate Avoidance Conclusion Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Can Probate in California Be Avoided?
Estate planning can be viewed as something that is done on paper. Indeed, it does involve the execution of legally binding documents. However, there is also a human element to consider when you are engaged in your estate planning efforts. Recording your wishes on paper is one thing, but how are these wishes going to come to fruition after you pass away? There is a postmortem element, and you should think this through thoroughly when you are planning your estate. There are various different … [Read more...] about Estate Planning 101: What Is California Probate?
The court proceedings known as “probate” has one primary function, to change the legal title of assets held in the name of a decedent to the name of the new legal owners (the decedent’s heirs). Although there is much more to it than that, if it weren’t for the need to change legal title upon someone’s death, there would be no need to undertake a probate. Assets which will pass to the decedent’s lawful heirs without the need of doing a probate (in California) are: 1) life insurance and pension … [Read more...] about What is Probate?