Conducting an Ancillary probate is the process of starting a second probate administration for property in another state. This means that for California residents who own property out of state at the time of their death, ancillary probate proceedings may be necessary. The primary probate administration conducted in California is in addition to this. This is the same for the other way around. An ancillary probate may be in need for residents of other states who own property in California as well. The primary probate proceedings happening in their home state is in addition to this also. This may increase the cost of the total estate administration. Which may not be ideal. Although, there are certain benefits to conducting the formal ancillary probate. Ancillary probate matters may seem confusing. An experienced attorney can help you through this process every step of the way.
While many people can say that probate is an expensive and time consuming process, conducting an ancillary probate proceeding in San Diego does not have to be bad at all.
In fact, there are actually several advantages to the formal ancillary probate process. These advantages include:
- Starting the clock running for creditors to come forward and make claims against the estate.
- Allowing all inheritance taxes to be calculated and paid.
- Avoid the need to open a new proceeding years later if there are new discoveries of property in that state.
- Providing a forum for dispute resolution if there are any estate issues.
- Allowing for supervision by a probate court over the actions of the personal representative managing the property in the other state.
The first step is understanding whether ancillary probate proceedings are in need for your loved one’s estate. Our article, “When Is Ancillary Probate Needed in California?,” provides a helpful overview. For more information about ancillary probate and administering estates in California, call The Grossman Law Firm today at (888) 443-6590.
Related links to Conducting an Ancillary probate:
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