PROBATE IN SAN DIEGO- 10 QUESTIONS ANSWERED
What is probate in San Diego?
Probate is a Court process required to manage a Decedent’s estate and distribute his/her assets. Probate is statutorily driven, meaning that much of the process is governed by the statutes/laws passed by the California legislature and set forth in the California Probate Code.
During a probate:
- The Decedent’s assets are identified and marshaled by the Executor/Administrator;
- The Decedent’s heirs/beneficiaries are determined;
- The Decedent’s creditors are identified and his/her debts paid;
- The Decedent’s taxes (and the estate’s taxes) are paid;
- The estate’s assets may be liquidated;
- The Decedent’s Executor/Administrator is paid;
- The Executor/Administrator’s attorney is paid; and
- The Decedent’s assets (or net liquidation proceeds) are distributed to his/her heirs/beneficiaries.