What is probate? Probate administration is a court process that generally lasts between 9 months and 1½ years. The basic purpose of a probate is to transfer assets from the dead to the living and pay all debts and taxes of the decedent before the assets are transferred to the beneficiaries. Probate in California is often a time-consuming, frustrating and needlessly expensive process. While our focus at Family Security Law Group, APC is on helping client’s avoid probate through the use of trusts and other planning strategies, we are also devoted to helping those families who find themselves faced with a probate. Among other things, a probate requires filing a petition with the court; locating, inventorying and appraising assets; ascertaining, notifying and paying creditors; filing tax returns; accounting to beneficiaries and distributing assets to the intended recipients. Accomplishing all of these tasks is challenging under the best of circumstances, but doing so while also processing the loss of a loved one can be particularly difficult. We are here to do the “heavy-lifting” and make the process as stress-free as possible.
If you are involved in a probate you need to know your rights, as well as your legal obligations, to avoid any added delay or personal liability.