There are times when heirs or beneficiaries need money right away. If money is needed while the estate of a family member or loved one is in the process of a Probate and has not been finalized, there is a solution. There are finance companies that will advance money to heirs or beneficiaries based … Read more about If You Need an Advance in a Probate
How to Sell a House in Probate
In California, there are 2 ways to sell a house in Probate: IAEA: This sale would be subject to the laws of the Independent Administration of Estate Act and as such would not require court confirmation nor would it allow for overbids. The advantages of this type of sale is that real estate can … Read more about How to Sell a House in Probate
How to Find the Best Probate Lawyer in Los Angeles County
It is very important to choose carefully when you are looking for a Probate Lawyer. The reason for this is that the relationship that you have with the Attorney will extend over many months and possibly years depending on the circumstances that arise. Further, if you hire one Attorney and then … Read more about How to Find the Best Probate Lawyer in Los Angeles County
What if Your Loved One is NOT of Sound Mind?
The legal term 'of sound mind' has very important ramifications with regard to legal documents such as a Will, Trust or Powers of Attorney. In fact, being 'of sound mind' is necessary in order to sign any legal document. The concept 'of sound mind' means that the person who is signing a legal … Read more about What if Your Loved One is NOT of Sound Mind?
How are Debts Paid in a California Probate?
When real estate or assets are in Probate in California, the Probate Lawyer must send a Notice of Probate to all creditors. Debt such as credit card debt, medical bills, car loans, money owed to the Department of Health Services, money owed to the State Franchise Tax Board and any other debt must … Read more about How are Debts Paid in a California Probate?
Clearing the Notes for a California Probate
The clearing of the notes can take place for any California Probate hearing and is an essential part of the Probate process. An experienced Probate Attorney is very familiar with the 'clearing of notes' and can handle this part of the Probate with ease. However, those who try to handle a … Read more about Clearing the Notes for a California Probate
Two Ways to Sell Property in a Probate
A Probate is the transfer of assets from the decedent to heirs or beneficiaries. If the asset is a home, condo or other real estate and you want to sell, the monies from the sale would be used to pay administration costs which includes legal fees. In a California Probate, real estate can be sold … Read more about Two Ways to Sell Property in a Probate
Protect Your Family with a California Will or Trust
Making sure that your family is taken care of in the event of your passing is a good thing to think about as we approach 2012. Failure to have a California Will or Trust prepared can make the transfer of assets difficult for heirs. A California Will is important because: it can designate a … Read more about Protect Your Family with a California Will or Trust