Legal Question in Wills and Trusts in California
probate
Do you have too go thew probate if the estate is under $2000.00.total
Asked on 3/04/02, 4:44 pm
2 Answers from Attorneys
Mina Sirkin
Sirkin & Sirkin
Re: probate
Generally, there is no probate for estates valued under 100k in California. What type of asset are we talking about?
Answered on 3/05/02, 1:53 am
Robert Miller
Robert L. Miller & Associates, A Law Corporation
Re: probate
Yes, and no. The purpose of probate is to provide for a court supervised transfer of assets belonging to the decedent.
There is a simplified (and faster) probate procedure for small estates, but if the estate is as small as you mention, you might want to sit down with an attorney, review what TYPE of property it is, and plan the best course of action.
Answered on 3/04/02, 4:47 pm