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When someone dies without a will in California, the state decides who gets their property. This process is called intestate succession. California law lays out a clear order for who inherits what, based on family relationships. Who inherits under intestate succession...
Life insurance usually skips probate, but in some situations, it can be sent there unexpectedly. Probate may step in if your policy names your "estate" as a beneficiary or lacks updated details. Knowing these scenarios helps you ensure your loved ones get their...
Probate can be a lengthy and expensive process, which is why a lot of families want to avoid it at all costs. If you can avoid probate, you can save a lot of time, distribute assets faster and reduce the emotional anguish of your loved ones. Unfortunately, it may not...
When a loved one passes away, confronting the intricacies of the legal system is likely the last thing on your mind. Unfortunately, probate is a necessary step in settling their estate. How long will this process take, and can you do it yourself? It is impossible to...
When a person dies, their estate goes through a legal process called probate. While this process is necessary, it can often be a source of stress and tension among family members. Emotions run high after losing a loved one, and the added complexity of legal and...
Debt is part of the modern economy. Most young adults can't obtain a college degree without taking on debt. Many households rely on revolving lines of credit to cover unexpected expenses. Individuals who need emergency medical care may end up with staggering levels of...
How does probate handle art collections? When a loved one passes away, their cherished art collection becomes more than just beautiful pieces on the wall. It transforms into a complex asset that must be carefully managed during the probate process. From famous...
Dealing with a loved one's estate can be overwhelming. However, in California, some estates can bypass the lengthy probate process. Let us explore how the Small Estate Affidavit works and when you can use it. What is a Small Estate Affidavit? A Small Estate Affidavit...
When a loved one passes away, the process of settling their estate begins, which involves determining the value of each asset and the estate’s total value. This valuation is not only crucial for fair distribution among heirs but also for meeting legal requirements....
When a loved one passes away, their estate enters a process known as probate. This legal procedure involves settling debts and distributing assets to beneficiaries. In probate, creditors fall into two main categories: secured and unsecured. The prioritization of debts...