Estate Settlement
Nov 18, 2024
California Probate Thresholds in 2024
In California, estates over $184,500 (after April 2022) or $166,250 (before April 2022) require probate. Learn what assets count and when you can avoid it.
When someone close to you dies, your world may come to a screeching halt. But the truth is that the world keeps going, clocks keep ticking, and if you’ve been named your loved one’s estate executor, then you’ve got a big responsibility ahead of you.
In some cases, you may have to apply for probate in order to validate the will and get started on settling the estate. Probate can be a rather bureaucratic process that requires a significant amount of paperwork, and getting started on it sooner rather than later will ensure that beneficiaries receive their inheritance in due time and you’ll be able to go back to your regular life as soon as possible.
In some states, there is a time limit to applying for probate (for example, the filing of all the necessary paperwork must begin ten days after the date of death). However, if you’re in New York, there’s no designated timeline for filing a request to validate the will with the probate court.
We regularly share relevant information about wills and estates.
However, the lack of a formal deadline is not an invitation to procrastinate. If probate is necessary, then it should be applied for as soon as possible. A delay in filing for probate can create a lot of problems, including:
As such, we highly advise estate executors to jump-start the process of applying for probate as soon as possible. If you find yourself overwhelmed, don’t worry. We have an experienced team who are happy to guide you through every step of this process so that you don’t spend any more time and money than necessary during this difficult time. Get in touch today for a free consultation.
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