[WATCH VIDEO] "Estate Planning? Consider Joint Tenancy" by Newport Beach Real Estate Attorneys
Estate Estate Planning Estate Wills & Probate Real Estate Real Estate Other
Summary: When a person dies, often their estate, meaning their real and personal property along with any liens or debts they may have had, goes into probate.
When a person dies, often their estate, meaning their real and personal property along with any liens or debts they may have had, goes into probate.
However, in California, not every estate needs to go through the formal probate process.
Similarly, not every item of property from the estate needs to be probated either and not every item of property becomes part of the estate.
Just a formal probate process is not always necessary, property can also be held in such a way as it passes without becoming part of the probate estate.
Visit Newport Beach Real Estate Attorneys at https://www.newportbeachrealestateattorney.com or call 800-233-8521 for a free phone consultation.