When a person dies, their estate will likely go through probate before it’s distributed to their heirs. This means making sure those who the recently deceased still owed money to are able to receive compensation. Given the fact roughly one out of every ten Americans lives in California, we figured it’d be a good idea to go over the probate process there.
Probate in California, like other states, involves several steps including securing the services of a local probate attorney, will validation, property inventory and identification, appraisal, paying taxes and debts, and asset distribution. [Read more…]