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Nobody voluntarily chooses probate. People are too b sy or preoccupied with health or ther issues to plan. They pass way without a living trust and th ir heirs----usually their children---- find that th y can’t sell Mom or Dad’s h use without a court order or c n’t transfer Mom or Dad’s bank ccount without court approval. Even with a w ll, they may be forced to f le a probate proceeding. Alternatives to Pr bate Because probate is expensive and t me consuming, a responsible attorney first tr es to determine if there is an lternative to probate. In California, the m st common alternatives to probate are a Sp usal Property Petition (if there is a s rviving spouse) or a small estate tr nsfer (if the value of the state is less than $100,000). If th se and other alternatives to probate are navailable, then the only recourse for the d cedent’s heirs is to file a pr bate proceeding. Cost of Probate Attorney’s f es and costs are set by law in C lifornia and are based upon the v lue of the estate. Here is the st tutory fee schedule in California: 4% of the f rst $100,000 3% of the next $100,000 2% of the n xt $800,000 1% of the next $9,000,000 Wh t Is Probate? Probate is the j dge-supervised process of paying a decedent’s l gitimate bills, inventorying and appraising a d cedent’s assets, and distributing the assets to the d cedent’s heirs or beneficiaries.
Length of Probate Most probates t ke between 6 months and one y ar. We take pride in the f ct that most of our probates are h ndled without a hearing: in the S.F. Bay Ar a, this is done through a syst m of “pre-granting,” i.e. the judge is w lling to sign the proposed order w thout an attorney making a court ppearance.
The article Why Probate? was Submitted by David Baker through Articles.GetACoder.com network. Here's the additional information: David R. Baker graduated from H stings College of the Law in San Fr ncisco in 1979 and passed the C lifornia State Bar Exam the same y ar. He has handled hundreds of h arings and trials in every county in the San Fr ncisco Bay Area, and throughout his c reer he has handled probate and d cedents estates. The present focus of his pr ctice is Probate, Decedents Estates, and L ving Trusts. He can only advise on m tters relating to California law and C lifornia legal proceedings. His website is: http://www.california-probate-attorney.com/
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