If you die with a will your estate goes through probate or a probate proceeding. If you die without a will your estate will also go through probate. Probates take about two years and you need an attorney.
Walters & Ward can represent you during your probate proceedings and guide you through the process to make it as easy as possible.
What is probate?
Probate is a formal court proceeding that distributes the assets of a person when they have died, including:
- Real property (land, houses etc.)
- Bank accounts
- Stocks, bonds, and mutual funds
- Furniture, jewelry, etc.
During this process the assets of the probate estate are frozen unless a court allows them to be sold or transferred. In addition, probate proceedings are public.
Probate is expensive and can take years. Probate fees are determined by the California Probate Code.
There are a lot of negative aspects of probate. While the administration of a will or an intestacy proceeding is public and expensive, it is not impossible to navigate.
With Walters & Ward's experience you will feel safe knowing your loved ones' assets are in good hands.
What happens during probate?
The court will decide on the validity of the will and announces the executor. The court also interprets the instructions of the will. Properties will be appraised and you are still responsible for paying debts and taxes.
After the complex probate process is finished, the estate can be distributed accordingly.
Walters & Ward can assist in all areas of probate including:
- Representing trustees to preserve estates from frivolous attacks
- Establishing fiduciary accountings
- Assisting with determining deceased's intent
- Providing counsel and solutions regarding specific assets
Walters & Ward has successfully assisted executors, beneficiaries, and institutions navigate the probate court process. We can help you too.
Contact Us Today at 1-877-212-2671 to learn more. Or fill out the contact form below and a representative will contact you promptly.