Legal Question in Wills and Trusts in California

Re: Inheritance of Bank Acconts

Thank you for your question. If the bank accounts are held in joint tenancy or payable upon death, then a death certificate should suffice. If the estate is less than $100,000 with no real estate, then there is a form you can complete and mail to the financial institutions. If the assets are more than $100,000, then more likely than not, a probate will have to be commenced.

If you need further assistance, please do not hesitate to contact me at (408) 268-2580.

Sincerely,

Kai H. Wessels, Esq.

Re: Inheritance of Bank Acconts

It depends. If under $100,000 then you need a Probate Code 13100 declaration and a certified death certificate. Some banks have these forms for you but sometimes you need to hire an attorney to prepare it for you. If total is $100,000 or more then possibly a full probate. Our offices can help you either way if you need help. Good luck.