Ads
related to: california probate law beneficiary rightsconsumerhorse.com has been visited by 100K+ users in the past month
consumerhippo.com has been visited by 100K+ users in the past month
benchmarkguide.com has been visited by 10K+ users in the past month
Search results
Results from the WOW.Com Content Network
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.
California Probate Code 850, also known as a Heggstad petition is a judicial proceeding used to remedy property that was not properly transferred into the trust where the title did not reflect the trust ownership upon death or incapacitation of the trustee.
The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
But you should know that certain assets don't have to be included in your will — and therefore subject to probate — because you're allowed to designate a beneficiary. Say you have $50,000 in a ...
At common law, if the residuary estate was divided between two or more beneficiaries, and one of those beneficiaries was unable to take, the share that would have gone to that beneficiary would instead pass by intestacy, under the doctrine that there was no residuary of a residuary.
The modern view is that where a beneficiary was intended to inherit part of the residuary estate who predeceases the testator, and that beneficiary is not covered by the anti-lapse statute, then that beneficiary's inheritance will return to the residuary estate, to be inherited by the other beneficiaries to whom the residue has been willed.
Ads
related to: california probate law beneficiary rightsconsumerhorse.com has been visited by 100K+ users in the past month
consumerhippo.com has been visited by 100K+ users in the past month
benchmarkguide.com has been visited by 10K+ users in the past month