ArticlesReader.com Menu
Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup
Search the articles

Articles Main Categories
Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing
Subscribe
Receive alert message from us when new articles submitted to our site for free.

Enter your name

Enter your email

Syndicate

















Related Products
Home::Leon Pena

Why Probate?

Author : David Baker

Nobody voluntarily chooses probate. People are too busy or preoccupied with health or other issues to plan. They pass away without a living trust and their heirs----usually their children---- find that they can’t sell Mom or Dad’s house without a court order or can’t transfer Mom or Dad’s bank account without court approval. Even with a will, they may be forced to file a probate proceeding.

Alternatives to Probate

Because probate is expensive and time consuming, a responsible attorney first tries to determine if there is an alternative to probate. In California, the most common alternatives to probate are a Spousal Property Petition (if there is a surviving spouse) or a small estate transfer (if the value of the estate is less than $100,000). If these and other alternatives to probate are unavailable, then the only recourse for the decedent’s heirs is to file a probate proceeding.

Cost of Probate

Attorney’s fees and costs are set by law in California and are based upon the value of the estate. Here is the statutory fee schedule in California:

4% of the first $100,000

3% of the next $100,000

2% of the next $800,000

1% of the next $9,000,000

What Is Probate?

Probate is the judge-supervised process of paying a decedent’s legitimate bills, inventorying and appraising a decedent’s assets, and distributing the assets to the decedent’s heirs or beneficiaries.

Length of Probate

Most probates take between 6 months and one year. We take pride in the fact that most of our probates are handled without a hearing: in the S.F. Bay Area, this is done through a system of “pre-granting,” i.e. the judge is willing to sign the proposed order without an attorney making a court appearance.

David R. Baker graduated from Hastings College of the Law in San Francisco in 1979 and passed the California State Bar Exam the same year. He has handled hundreds of hearings and trials in every county in the San Francisco Bay Area, and throughout his career he has handled probate and decedents estates. The present focus of his practice is Probate, Decedents Estates, and Living Trusts. He can only advise on matters relating to California law and California legal proceedings. His website is: http://www.california-probate-attorney.com/

Spam emails More free articles

Related articles


  1. Litigation Funding Is Here To Stay
  2. Why Probate?
  3. Deeds of Variation - Are They Justified?
  4. School Bus Mishaps
  5. Cases Involving Defective Products
  6. You and the Tort Law: A Guide
  7. What To Do If Your Disability Case is Denied
  8. Quadriplegia: Victims Seeking Legal Help
  9. Injuries Sustained from Accidents on Boats
  10. Set Aside Foreclosure and Decree and Motion for New Trial
  11. Contesting a Will or a Trust. Can it Be Done?
  12. Chapter 13 Bankruptcy Basics
  13. The Revokable Trust: Is it Really Revocable?
  14. Innovators: How To Turn Your Dreams Into Reality
  15. How to Patent Your Invention
  16. Virginia Workers Compensation for the Injured Worker
  17. The Secret To Protecting Your Business Assets
  18. Resolve Disputes With Your Partners Before They Happen
  19. The Business of Identity Theft
  20. How to Respond After Identity Theft Occurs
  21. Five Steps To Full Compensation For Your Personal Injury Claim
  22. Why Even A Simple Contract Can Save Your Bacon
  23. Information Linking Vioxx to Workers Compensation
  24. Workers Compensation - Know Your Rights
  25. Why Your Business Needs a Dispute Resolution Procedure
More related feeds
Probate Inheritance
Probate inheritance refers to money, real estate, automobiles, recreational vehicles and personal belongings left to beneficiaries through the death of a relative. The decedent may or may not have executed a Last Will and Testament. ...

Estate Planning Probate
Estate planning probate involves preparing legal documents which outline how you want your property and personal belongings distributed upon your death. While this task may seem unimportant if you are young and in good health, ...

Probate Attorney
Hiring a probate attorney is an important part of estate planning. Lawyers who specialize in estate planning can assist individuals in utilizing techniques to keep all or part of their assets out of probate. However, when someone dies ...

How Can A Probate Solicitor Help Me?
What precisely is a probate solicitors? Probate solicitors are experts who can handle every and all legal matters of a person’s death and they can also lend a hand distribute their possessions after they have passed away. ...

Elder Law: Formal probate administration is complex (The News-Press)
This week, I will walk us through the steps necessary to open and eventually close a formal administration of probate. Source:Elder Law: Formal probate administration is complex (The News-Press). Read the rest of this great post here.

Free - Join Linkedin Group - Realtor Probate Marketing
Free - Join Linkedin Group - Realtor Probate Marketing Linkedin members will receive free links to their websites! Free - Join Linkedin Group - Realtor Probate Marketing. (all realtors welcome). Linkedin members will receive free links ...

Tom Concannon for Middlesex Register of Probate -- yes, it's a ...
This one's a no-brainer, isn't it? The incumbent Register of Probate, John Buonomo, has been caught on video allegedly pilfering money from copy machines. The Supreme...

Why probate listings are superior to most real estate listings ...
Real estate when owned in a trust account or held as an asset under probate proceedings have unique transactional motivations that are different than more common real estate listings and sales that Realtors are trained to recognize. ...

Land Court and Probate in Hawaii
I made sure they understood the process and gave them names of several good Probate Lawyers. Once they selected their lawyer we provided the Probate lawyer with the results of our research. Many things had to happen. ...

Elder Law: Formal probate administration is complex (The News-Press)
This week, I will walk us through the steps necessary to open and eventually close a formal administration of probate. Source:Elder Law: Formal probate administration is complex (The News-Press)

 


 

© 2007 articlesreader.com - All Rights Reserved