Each co-trustee has the right to hire their own attorney. The California Probate Code (which is the law that governs trusts) provides each trustee, or co-trustee, to hire their own lawyer. The other co-trustee has no right or ability to stop his fellow co-trustee from hiring his or her own probate lawyer.
A will is a legal document which is also called a Last Will and Testament. It communicates a person’s final wishes, including what happens to their belongings and specifies beneficiaries of their estate.
Maybe. In California, joint tenancy bank accounts are treated differently from joint tenancies in real estate.
Are you wondering how long does probate take in California? In short, probate in California takes a long time. Find out the reasons why here.
In California Probate, the assets of a deceased person need to be inventoried. The Probate Code requires a referee appraise the assets listed on the inventory.
When a person dies and leaves an estate, its value needs to be ascertained. The decedent’s gross estate is the fair market value at the date of his or her death of all property that he or she owned. Click here to learn about the differences between a gross estate and a net estate.
Read about the main problems your survivors could encounter if you don’t leave them any instructions regarding your California succession here.
Under California probate law, if you are the personal representative of the estate, you may transfer the vehicles to their new owners without having to wait until the estate is closed.