6 Signs Your California Probate Administration Is Ready To Be Closed
The Grossman Law Firm, APC · 525 B Street, Suite 1500, San Diego, CA 92101 · (951) 523-8307
It can be many months, even years, from the date that your loved one passes until the date that the probate administration process is over. Executors or administrators of estates in California must complete many tasks before the probate administration is complete. Failure to satisfy any of these responsibilities can result in serious consequences for both the estate and the executor or administrator. Therefore, it is important to seek out the guidance of an experienced California probate attorney during the administration process.
So how do you know when probate administration is ready to be closed? The following are six signs that a probate administration is nearing completion:
- When all of the assets of the estate have been collected
- When all of the assets of the estate have been inventoried
- When all property of the estate has been sold, if necessary
- When all of the bills of the estate have been paid
- When all of the taxes of the estate have been paid
- When any disputes surrounding the estate have been resolved
Getting to the point where an estate administration is almost completed requires the executor or administrator to have first completed many tasks. Our article, San Diego Probate: How it’s Supposed to Work and What Can Go Wrong, outlines the overall probate process in greater detail. To learn more about administering an estate and whether probate administration is ready to be closed or not, contact an experienced Riverside probate attorney today. Call our toll-free number at (888) 443-6590 for a free 30 minute consultation or fill out a contact form on our website to get in contact us. It would be our pleasure to be able to further assist you.