When you agree to be the executor of a will, there are plenty of responsibilities you must take on. (See our 6-Step Process for Probate for more). Here, we break down the three key responsibilities of an executor when managing the probate of an estate. First, Collect the Assets. Collecting assets seems straightforward, but there […]

Tags: Assets, court, debts, Estate, executor, Probate, taxes, Trusts, Wills
Posted in Estate Planning - Wills, Trusts, and Probate, Probate Code, Wills | No Comments »

On paper, becoming an executor or administrator of someone’s estate means you’ve been entrusted to take on an enormous responsibility. Some may consider it an honor… but before you accept this relatively unenviable task, it’s best to understand the key factors of what the job itself entails. Key Factor #1 – Understanding the Difference Between […]

Tags: administrator, executor, Fiduciary, Probate, Probate Fiduciary, Trusts, Wills
Posted in Estate Planning - Wills, Trusts, and Probate, Executor, Probate Code | 1 Comment »

Grieving a loved one is painful. Unfortunately, the state doesn’t care—they still expect you to complete the daunting probate process within a year of your loved one’s death. But where to start? 1. File the Probate Petition The first step is to file a request to begin probate with the court. Fill out form DE-111, […]

Tags: beneficiaries, beneficiary, distribution of assets, executor, handling taxes, heirs, managing of assets, paying debts, Probate, probate petition
Posted in California Law, Estate Planning - Wills, Trusts, and Probate, Litigation, Probate Code | No Comments »