Tag Archives: Probate

California probate vs trust

Trust vs. Estate in California: What Property Owners Need to Know to Avoid Probate

California probate vs trust is the key distinction that determines how property transfers after someone dies. When someone dies in California, their property must transfer to someone else. How that transfer happens — and how complicated it becomes — depends almost entirely on whether the deceased person had a trust. Understanding the difference between a trust and an estate is essential for anyone who owns property, is named in a will, or is administering a loved one’s affairs. What Is an Estate? Simply put, a person’s estate is everything they […]

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What Is Probate

In simplified terms, probate is the legal process of settling the financial affairs of a deceased individual after they die via court supervision; i.e. the distribution of their assets and payment of their debts. On average, probate in California takes about twelve to eighteen months. However, if problems arise, the process can much longer. The Will:Often, this entire process pivots on the existence of a Will, if it can be located, its contents, and its validity will dictate the parties and actions to be taken. In short, a Will is […]

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