Legal Question in Wills and Trusts in California
intestate death
Father died and his siter is named as benfficiary on pension fund, stocks and checking account (all totaled = less than $150,000. Can his only living daughter inherit anything?
2 Answers from Attorneys
Re: intestate death
The earmark number is $100,000 to require a Probate so the value at under $150K is not the issue.
Was there any other assets? Something to pull all the assets into a Probate? Generally, if an account has a named beneficiary, there is no Probate required. Under that theory, you would not inheret anything, however, I would need to see the accounts and docs before I could give you a complete determination of who owns what.
Please feel free to contact me to discuss at the email address provided by LawGuru or through our firm's website at PasadenaEstatePlanning.com
Re: intestate death
Is there any real property? May have it been the deceased wish that his sister hold it in trust for his daughter? Contact me directly.
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