Probate is a court process, requiring knowledge of the necessary court forms and legal procedures to transfer property legally to the deceased’s family and others.
In California, attorneys are not the only ones who can probate an estate. Hiring a registered Legal Document Assistant (LDA) is a low cost alternative. In Trust Legal has the experience and knowledge of court forms and procedures helping you navigate this complex court process. Hiring us will save you thousands of dollars in legal fees and give you peace of mind.
Probate does not need to be a frustrating and costly experience. We are your affordable alternative.
Typically, probate involves specific court forms and court appearances by attorneys. Expensive court fees and attorneys’ fees are paid by the estate, which would have otherwise gone to family members who inherit the deceased person’s property.
What level of probate does your estate qualify for?
The State of California has three types of property values, which determine the type of legal proceeding required to pass your property to your heirs:
- Value of $50,000 or less. If the gross fair market value of the real and personal property does not exceed $50,000, regardless of the total value of the estate, the property may be transferred by Affidavit.
- Value Not Exceeding $150,000. If the gross fair market value of the real and personal property does not exceed $150,000, regardless of the total value of the estate, the property may be transferred by filing a Petition with the court.
- Value Over $150,000. If the gross fair market value of the real and personal property is valued over $150,000, a full probate proceeding is required. Transferring property to your heirs can take up to two years depending on the complexity of the estate .
The cost of probating your estate is based on the gross value of your estate. Attorneys, appraisers and court costs are based on the gross value as of date of death. The bigger your estate, the bigger the cost to probate. In Trust legal will be on your side to provide an affordable probate and great service.