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CA Lawyer Explains What Estate Assets Need to Be Probated

www.fieldlawpc.com If you have questions about which items should be probated and which assets can avoid probate in California, watch this video as Southern California probate lawyer Jeff Field explains what estate assets should be probated and which ones do not have to be probated.

Depending upon how title is held, there are many assets in one's estate that do not need to be probated. The most common example of this is joint tenancy of a home. When spouses hold a property's title as joint tenants and one of the spouses passes away, the asset can be passed to the other joint tenant by operation of law - not requiring it to be probated. If a vehicle is of minimal value, it does not need to be probated. Also, clothes and other personal properties do not need to be probated; however, almost everything else in the estate will need to be probated.

Once the court appoints an administrator, all the estate's assets are listed so that a proper inventory is available to the public. Once the public knows what the estate consisted of, assets can be distributed per the deceased's wishes or state law. If you have questions about the probate process, please call Los Angeles estate and probate attorney Jeff Field at (855) 503-0699 or (818) 369-7900. You can also visit our website at www.fieldlawpc.com to get answers to frequently asked questions and view our insightful resources.