Blog 
Trust Litigation & Probate Litigation
- Six Steps for Proving Fraud When Contesting a California Will
- California Will Fraud: What Happens When Your Loved One Was Victimized
- San Diego Probate Lawyer: Shifting the Burden of Proof
- Where to Look for Trust Mistakes, by a San Diego Probate Attorney
- San Diego Probate Attorney Asks: Who’s the Boss?
Probate and Trust Administration
- What Remedies Are Available After California Trustee Theft?
- Riverside Trust Attorney: Trustee’s Obligations to Provide Notice
- San Diego Trust Lawyer: How to Obtain an Appointment as Administrator
- Riverside Trust Lawyer: Obtaining an Appointment as Executor
- Don’t Make These Trustee Mistakes, Says Riverside Probate Attorney
General
News
Tupac Coachella Image Raises California Estate Administration Issues...
Posted on 5/4/2012
California Lawsuit Against Executor of Famous Producer’s Estate Fails...
Posted on 4/13/2012
California Beneficiary Wins Award of Nearly 20 Million Against Trustee...
Posted on 4/3/2012
Whitney Houston Estate Administration “Straightforward”...
Posted on 3/26/2012
Singer Etta James Dies at 73; $1 Million Estate Possibly in Probate...
Posted on 2/4/2012
New 2012 Legislation AB 1305 Impacts California Probate...
Posted on 1/17/2012
Estate Planning and Incapacitating Chronic Illness in California...
Posted on 11/16/2011
California Raises Limit For Small Estates Procedure to $150,000...
Posted on 11/2/2011
The Simplified Procedure to Transfer Estates in California...
Posted on 11/1/2011
What Does A California Transfer Agent Do?...
Posted on 10/24/2011
Library
Probate and Trust Administration
- What to Do When a San Diego Trustee Steals from the Estate
- San Diego Trust Lawyer: Understanding the Role of the Administrator
- Riverside Trust Attorney: Ten Steps to for a Successor Trustee to Take
- Riverside Trust Lawyer Describes the Duties of an Executor
- Riverside Probate Attorney on Duress: Why Trusts Get Attacked, Part 2
Investment Management in Probate from San Diego Probate Attorneys
In the case of probate assets, investment management is a fairly uncomplicated process. In most cases, the executor or administrator of the estate will keep the assets as they are throughout the required probate period. At the end of probate, the executor or administrator distributes the assets appropriately to the beneficiaries.A possible complication could be the executor or administrator selling an asset from the probate estate. Not all executors and administrators are granted the authority to sell real estate from a probate estate, and in many cases any such sale will need approval from California probate court.
After the sale of an asset, the California executor or administrator must take the net proceeds from the sale and deposit them in an interest-bearing savings account.
The executor or administrator of a California probate estate doesn’t really have the opportunity for sophisticated varieties of asset management; this is because the sort of asset investment options you find in trust administration are restricted by California probate law.
Selling assets can create unnecessary problems in the probate process. We suggest to our clients that they discuss the sale of any asset, particularly real estate, with their attorney first.
Are you in need of an attorney who can help guide you through the probate process? The San Diego probate attorneys at The Grossman Law Firm offer a full range of estate services, including probate and trust administration, will contests, and trust litigation to clients in San Diego and outlying areas. For a free, 30-minute case review with one of our lawyers, call our offices toll-free at 888-443-6590 today, or use our quick online contact form.
Additionally, order a copy of Scott Grossman’s must-read guide for California trustees, executors, and beneficiaries, The Insider’s Guide to California Probate And Trust Administration, which is available to you FREE.
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Trust Litigation & Probate Litigation
- Do I have a right to see a copy of a California trust if I am a beneficiary?
- What do I do if my parent had a previously executed California Will, but I think someone changed it?
- The California trustee mismanaged the estate. What should I do?