What is the Independent Administration of Estates Act and how might it impact your probate estate? San Diego probate attorneys at The Grossman Law Firm explain.

Blog

News

Library


Blog Category:
2/8/2012
Scott Grossman
Comments (0)

San Diego Probate Attorneys Explain the IAEA and Probate Real Estate

In some cases, the executor or administrator will not have the authority to sell real estate without express permission from California probate court. In others, the executor administrator is granted full permission to sell real estate without court approval. Why is this the case?

As the executor or administrator of a probate estate, the level of authority you are granted in administering most aspects of the decedent’s estate is designated by probate court in accordance with the Independent Administration of Estates Act (IAEA). A major aspect of the legislation relates to the sale of real estate in probate with or without court supervision.

Authority to administer the estate without court approval can be granted:

  • By the decedent’s will
  • By the court, upon petition

Likewise, the decedent’s will can bar distribution under the IAEA, or an interested party can petition the court to refuse implementation of the IAEA with good cause.

On the whole, selling real estate from an estate in probate can create more complications than the process is worth. Our firm recommends that, if our clients want to sell any asset in a probate estate, they first discuss it with their attorney.

Are you the executor or administrator of a probate estate who is trying to determine if the sale of real property is in the best interests of your beneficiaries? The San Diego probate lawyers at The Grossman Law Firm offer San Diego probate, trust administration, will contests, and trust litigation services. If you’re ready for a free, 30-minute consultation with one of our attorneys, call us toll-free at 888-443-6590, or schedule an appointment with our quick online contact form today.

Also request your copy of Scott Grossman’s essential FREE book and DVD Probate A Will Or Administer A Trust After The Death Of A Loved One.


Category: Probate and Trust Administration


There are no comments.

Post a comment

Post a Comment to "San Diego Probate Attorneys Explain the IAEA and Probate Real Estate"

To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."

Name:*

Email:* (will not be published)

Website:

Message:

Notify me of follow-up comments via email.

For security purposes, please enter the graphic text in the box below: [hit F5 if you can not read the text]

Loading

Free Consultation

Begin your case review by filling out the form below:

Name *

Phone

Email *

Tell us more *


San Diego Office
525 B St
Suite 1500
San Diego, CA 92101
Phone: (760) 440-9847
Fax: (619) 764-4091
Toll Free: (888) 443-6590
Get Directions

Riverside Office
6370 Magnolia Avenue
Suite 320
Riverside, CA 92506
Phone: (951) 683-3704
Fax: (951) 683-3948
Toll Free: (888) 443-6590
Get Directions

Temecula Office
43537 Ridge Park Drive
Suite 101
Temecula, CA 92590
Phone: (951) 461-8874
Fax: (951) 683-3948
Toll Free: (888) 443-6590
Get Directions

Videos

FAQs