What is informal Probate and what are my responsibilities?
Informal probate are estates under $100,000. See California Probate Code 13000-13209 for estates under $100,000 and exempt property definitions. Many of these responsibilities are the same as the formal Probate process but not mandated by the Court. How do you choose the proper Attorney? Identify goals & objectives, gather information, analysis of assets & liabilities, determine potential conflicts, and match your analysis with proper retainer agreements. When do you need an Attorney? When particular estate criteria or circumstances lack certain specificity. In many cases an attorney is not required to execute your Executor tasks. How do I calculate Executor fees? Answer coming soon… For more terms click on the complimentary PPAG “Glossary of Probate Terms” brochure.
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- What is informal Probate and what are my responsibilities?
