Articles about Inventory and Appraisal

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 a Probate Referee in California?

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.

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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