Administering an estate is not always an easy process. This is especially true when the estate holds an interest a business, as several issues can arise.
Articles about Estate
Regardless of the execution of a listing agreement, estates can be held liable for the broker’s commission only if the following conditions are met.
Administering a loved one’s estate involves more than just divvying up furniture, clothing, and personal effects and distributing them to family members and friends. The personal representative of an estate has many responsibilities.
Estate litigation does not exclusively involve unhappy beneficiaries or heirs. The estate itself can be made party to a lawsuit in many situations.
Debts of an estate must be paid during administration. The decedent may have left instructions, and it is important to know which assets to use for repayment.
California law, which is what applies for residents of Temecula, states that probate is filed in the county where the decedent lived right before he died.
Temecula trust and probate litigation attorney Scott Grossman explains what ancillary probate is, and when it is required.
Wondering what to do if you know a decedent had a safe deposit box? View here for more information from a San Diego probate court attorney.