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<\/p>\n[et_pb_section admin_label=”section” fullwidth=”on” specialty=”off” background_image=”https:\/\/socaltrust.com\/wp-content\/uploads\/2015\/04\/BlueWhiteFlash.jpg” transparent_background=”off” background_color=”#ffffff” allow_player_pause=”off” inner_shadow=”off” parallax=”on” parallax_method=”on” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off”][et_pb_fullwidth_header admin_label=”Fullwidth Header” title=”Probate” background_layout=”dark” text_orientation=”left” header_fullscreen=”off” header_scroll_down=”off” parallax=”off” parallax_method=”off” content_orientation=”center” image_orientation=”center” custom_button_one=”off” button_one_letter_spacing=”0″ button_one_use_icon=”default” button_one_icon_placement=”right” button_one_on_hover=”on” button_one_letter_spacing_hover=”0″ custom_button_two=”off” button_two_letter_spacing=”0″ button_two_use_icon=”default” button_two_icon_placement=”right” button_two_on_hover=”on” button_two_letter_spacing_hover=”0″] [\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”1_3″][et_pb_image admin_label=”Image” src=”https:\/\/socaltrust.com\/wp-content\/uploads\/2016\/06\/Gavel.jpg” show_in_lightbox=”off” url_new_window=”off” animation=”left” sticky=”off” use_overlay=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_style=”solid”] [\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″][et_pb_text admin_label=”Wills” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]<\/p>\n
Probate is a court-supervised process for transferring a deceased person\u2019s assets to the beneficiaries listed in his or her will. Typically, the executor named in your will would start the process after your death by filing a petition in court and seeking appointment. Your executor would then take charge of your assets, pay your debts and, after receiving court approval, distribute the rest of your estate to your beneficiaries. If you were to die intestate (that is, without a will), a relative or other interested person could start the process. In such an instance, the court would appoint an administrator to handle your estate. Personal representative is another term used to describe the administrator or executor appointed to handle an estate.<\/p>\n
Simpler procedures are available for transferring property to a spouse or domestic partner or for handling estates in which the total assets amount to less than $150,000.<\/p>\n
The probate process has advantages and dis-advantages. The probate court is accustomed to resolving disputes about the distribution of assets fairly quickly through a process with defined rules. In addition, the probate court reviews the personal representative\u2019s handling of each estate, which can help protect the beneficiaries\u2019 interests.<\/p>\n
One disadvantage, however, is that probates are public. Your estate plan and the value of your assets will become a public record. Also, because lawyer\u2019s fees and executor\u2019s commissions are based on a statutory fee schedule, a probate may cost more than the management and distribution of a comparable estate under a living trust. Time can be a factor as well. A probate proceeding generally takes longer than the administration of a living trust. Discuss such advantages and disadvantages with an estate planning lawyer before making any decisions.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=”section” fullwidth=”off” specialty=”off” background_image=”https:\/\/socaltrust.com\/wp-content\/uploads\/2015\/05\/WhiteBack3.jpg” transparent_background=”off” background_color=”#ffffff” allow_player_pause=”off” inner_shadow=”off” parallax=”on” parallax_method=”on” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off”][et_pb_row admin_label=”row”][et_pb_column type=”1_3″][et_pb_blurb admin_label=”Living Trusts” title=”Living Trusts” url_new_window=”off” use_icon=”off” icon_color=”#1b5397″ use_circle=”off” circle_color=”#1b5397″ use_circle_border=”off” circle_border_color=”#1b5397″ image=”https:\/\/socaltrust.com\/wp-content\/uploads\/2016\/06\/LivingTrusts.jpg” icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”center” use_icon_font_size=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” url=”https:\/\/socaltrust.com\/living-trust\/”]<\/p>\n
Enjoy Peace of Mind.
\nPrepare for the Future.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″][et_pb_blurb admin_label=”Estate Planning” title=”Estate Planning” url_new_window=”off” use_icon=”off” icon_color=”#1b5397″ use_circle=”off” circle_color=”#1b5397″ use_circle_border=”off” circle_border_color=”#1b5397″ image=”https:\/\/socaltrust.com\/wp-content\/uploads\/2016\/06\/Estate.jpg” icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”center” url=”https:\/\/socaltrust.com\/estate-planning” use_icon_font_size=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” saved_tabs=”all”]<\/p>\n
Take Care of your Assets or the Government will do it for You.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″][et_pb_blurb admin_label=”Financial Litigation” title=”Financial Litigation” url_new_window=”off” use_icon=”off” icon_color=”#1b5397″ use_circle=”off” circle_color=”#1b5397″ use_circle_border=”off” circle_border_color=”#1b5397″ image=”https:\/\/socaltrust.com\/wp-content\/uploads\/2015\/05\/FinancialLitigation.jpg” icon_placement=”top” animation=”top” background_layout=”light” text_orientation=”center” use_icon_font_size=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” url=”https:\/\/socaltrust.com\/financial-litigation”]<\/p>\n
Knowledge + Experience
\nProduce Results.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_divider admin_label=”Divider” color=”#a6b1bf” show_divider=”on”] [\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_cta admin_label=”Call To Action” global_module=”4974″ button_url=”https:\/\/socaltrust.com\/contact-us\/” button_text=”Schedule an Appointment Today!” use_background_color=”off” background_color=”#1b5397″ background_layout=”light” text_orientation=”center” url_new_window=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” custom_button=”off” button_letter_spacing=”0″ button_use_icon=”default” button_icon_placement=”right” button_on_hover=”on” button_letter_spacing_hover=”0″ saved_tabs=”all”]<\/p>\n
<\/p>\n
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What is probate? Probate is a court-supervised process for transferring a deceased person\u2019s assets to the beneficiaries listed in his or her will. Typically, the executor named in your will would start the process after your death by filing a petition in court and seeking appointment. Your executor would then take charge of your assets, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"dipi_cpt_category":[],"_links":{"self":[{"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/pages\/4924"}],"collection":[{"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/comments?post=4924"}],"version-history":[{"count":0,"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/pages\/4924\/revisions"}],"wp:attachment":[{"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/media?parent=4924"}],"wp:term":[{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/socaltrust.com\/wp-json\/wp\/v2\/dipi_cpt_category?post=4924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}