Legal Question in Wills and Trusts in California

minimum estate value for probate

A living trust was left as well as a will. The only items in the will are tangible personal property-vehicles, the furniture, etc. Does a probate need to be filed for the tangible personal property items or is there a minimum value of an estate for a probate? If probate proceeds, where does the money to pay for the proceedings come from?

Thank you


Asked on 6/25/04, 11:10 am

2 Answers from Attorneys
Scott Linden Scott H. Linden, Esq.

Re: minimum estate value for probate

Question 1: Does the will, or the trust have a residual/pour over provision for personal property or for property not listed, ours always carry this provision.

Question 2: Is the personal property to which you refer valued at $100K or more?

Many of your questions can be answered with a brief review of our website at www.No-Probate.com.

If you require additional assistance, we have over 25 years of trust and probate experience. We can be reached at 626-578-0708.

Read more
Answered on 6/28/04, 2:22 pm
Ken Koenen Koenen & Tokunaga, P.C.

Re: minimum estate value for probate

The estate must be in excess of $100,000 to require probate. If things are properly funded to the trust, then the distribution of those assets are done according to the terms of the trust.

Read more
Answered on 6/25/04, 11:39 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in California