Probate is the process also known as "estate administration", where the court determines how your assets will be distributed. Before your estate can pass to your children, the court needs to settle your debts, establish clear title to everything you own and then distribute your assets according to your will. The probate process takes time and money. Your estate will go through probate whether or not you have a will.
How can your estate avoid probate?
Your estate may avoid probate if it is worth less than $100,000.00 or if you have a Revocable Living Trust.
MINDA B. PARRISH Attorney at Law The Parrish Law Firm 14500 Big Basin Way, Suite D Saratoga, CA 95070 Telephone: (408) 741-3500 Facsimile: (408) 741-3501 Email: minda@parrishlaw.net http://www.parrishlaw.net
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