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Articles about Estate

What is estate tax & what happens if an executor of a California estate fails to make the portability election following the passing of the first spouse?

What assets go through probate in California?

Not all of a decedent’s assets will go through the California probate process. If the deceased had no titled or significant assets to his or her name, then the probate process may not even be necessary.

What is estate tax & what happens if an executor of a California estate fails to make the portability election following the passing of the first spouse?

What does “gross estate” and “net estate” mean in California?

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.

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