Personal representatives selling real estate must determine a price and agree to terms during a sale. Learn about the laws and rules that must be followed.
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Under California probate law, the executor of the decedent’s estate has a fiduciary duty requiring him or her to act with integrity, disclose all information to the beneficiaries, act in fairness and with diligence, manage the estate with caution, and deal with all beneficiaries equally.
An overbid is an offer by a prospective purchaser of real estate owned by an estate that is higher than the previous offer accepted by the personal representative. Read more here.
It is important that an estate-administrator has a valid insurance policy for the property. Learn how to make sure real estate is insured during probate.
Table of Contents Key Takeaways Understanding the Executor’s Role in California The Myth of the “Will…
Table of Contents Key Takeaways What Is a Revocable Trust? When Does a Revocable Trust Become...
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Immediately following a death, probate fraud can occur. View here for a Riverside probate litigation attorney’s list of the four most common types of fraud.
Unfortunately, trustees do not always fulfill their obligations to the best of their abilities, and the California Probate Code provides many reasons for seeking the removal of a trustee from the San Diego probate court.
Table of Contents Key Takeaways The Beneficiary Notification Process in California General Timelines for Beneficiary Notification...
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Who are Interested Parties? And what does that even mean? An interested party is someone who is entitled to receive notice about certain estate administration proceedings. Read more here.