When a loved one passes away, dealing with their estate can be overwhelming. One common question that arises is what happens to jointly owned property during probate. In California, some can automatically go to the surviving owner or owners without court intervention....
Starting April 1, 2025, California will follow a new law that makes the probate process more manageable for primary homes worth up to $750,000. This change helps heirs get property without the lengthy and costly probate process. Here is what you need to know about...
Have you been named an executor in your loved one's will? This role is both an honor and a significant responsibility. As an executor, you will manage a person's legacy and carry out their final wishes. While it may seem daunting, understanding your key...
An executor plays a crucial role in managing a deceased person's estate and ensuring the proper distribution of assets according to the will. Additionally, they gather assets, pay outstanding debts, and distribute property to beneficiaries. Executors must operate in...
Probate can be daunting and complex, especially for the estate representative. Right after the decedent's death, this role has different responsibilities concerning the assets and financial affairs left behind. The details of the deceased's life and estate can lead to...
When estate planning, one of the most vital details for you to review is which parts of your estate may undergo probate. This legal process can be lengthy and may involve various procedures, such as organizing your properties, appraising them, paying off any debt you...
When you were asked to be the executor of a loved one’s estate, you knew that was a great honor – and you appreciated their trust in you. However, you may not have realized that being the executor of an estate is a very heavy responsibility, and it comes with its own...
Most people use a will as the principal vehicle for their estate planning. There is nothing wrong with this; you can accomplish a lot with a simple will. However, one disadvantage is that most wills must pass through probate. While the probate process offers the...
Few roles carry greater responsibilities than being an executor of an estate. Essentially, an executor is tasked with carrying out the precise instructions of a will and handling other matters regarding the estate. Nonetheless, the precise responsibilities of an...
Choosing the right person to administer your will and other estate matters is as vital as creating an estate plan. After all, this individual will have access to your money and property. Therefore, even a small error or an act of intentional misuse could cause...
