5 Reasons To Have A Trust Or Will
Secure Your Legacy: 5 Reasons Why Creating a Will or Living Trust is Essential Wondering “why do you need a trust?” or “why do you
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Laguna Legal provides California probate services including the filing of necessary paperwork and serving of interested parties. We are not California probate lawyers, this means you will save thousands in lawyer fees. You will need to represent yourself in probate court, which is not difficult when all your documents are in order.
After someone dies, probate is the judicial process through which their assets are distributed. The California probate process can be lengthy, sometimes taking years and costing thousands of dollars in legal fees. At Laguna Legal, we can save you time and money by handling your California probate process.
The laws that govern probate in California are set out in the California Probate Code. When someone dies with a will (testate) or without a will (intestate), their assets can be passed on to their heirs using a court process called “Probate”.
At Laguna Legal we charge a low monthly flat fee of $500 to assist our clients throughout the probate process. In addition to the fees paid to Laguna Legal, there are court filing fees, publication fees and probate referee fees. Please contact our office for more information. We serve clients throughout California.
Probate is required any time someone passes with real estate (regardless of value) or assets above $166,250.00 if that person hasn’t titled their assets in the name of a living trust. Many people think that having a Last Will and Testament will protect their heirs from Probate, but that isn’t the case. A Last Will and Testament let the court know what your final wishes are, but your executor cannot act for you until an Order for Probate has been obtained.
All California Probate forms are available on the court’s website but filling out the probate forms on your own can be confusing. Using a legal document service, like Laguna Legal, will allow you to represent yourself through the probate process (keeping the costs down to a minimum) but have peace of mind that all your documents will be prepared and filed for you and all you have to do is attend the hearings.
The California probate process typically takes one year to complete. Our office will prepare and file the Petition for Probate, notify all heirs, arrange the required publication, work with your probate referee and finalize the process by filing a final accounting with the court. Any real estate can typically be sold within 3-4 months of filing the initial petition.
You can avoid probate in California by setting up a Living Trust. Laguna Legal can help you prepare and retitle your real estate in the name of your trust to avoid probate. We charge a flat fee of $950 for a complete estate plan for a single person. A complete estate plan includes the following important documents: Revocable Living Trust, Certification of Trust, Pour-Over Will, Durable Power of Attorney, and Healthcare Directive.
When someone dies with a will (testate) or without a will (intestate), their assets can be passed on to their heirs using a court process called “Probate”. If your loved one passes away with real estate (regardless of value) or other assets valued above $166,250 and the assets are not titled in a living trust, you must file for probate for the California probate court to order the distribution of those assets.
California probate is required if you die with assets such as real estate (regardless of value) or bank accounts and investment accounts above $166,250. Financial institution accounts with a value below $166,250 can typically be unlocked using a Small Estate Affidavit. Laguna Legal can help you prepare a Small Estate Affidavit, if needed or we can help you prepare and file the complete probate. Since we are a legal document service and not an attorney, you would need to represent yourself at the required hearings but Laguna Legal can help you with the preparation and filing of all the required court forms.
Probate is required in California if you don’t have your assets titled in a Living Trust. Laguna Legal can help you prepare and retitle your real estate in the name of your trust to avoid probate. We charge a flat fee of $950 for a complete estate plan for a single person. A complete estate plan includes the following important documents: Revocable Living Trust, Certification of Trust, Pour-Over Will, Durable Power of Attorney, and Healthcare Directive.
If your loved one passes away with real estate (regardless of value) or other assets valued above $166,250 and the assets are not titled in a living trust, you must file for probate for the court to order the distribution of those assets. If you don’t file probate in California, then the property can be foreclosed upon (if there is a loan or tax lien) or the government can take the assets.
The California probate process typically takes one year to complete. Our office will prepare and file the Petition for Probate, notify all heirs, arrange the required publication, work with your probate referee and finalize the process by filing a final accounting with the court. Any real estate can typically be sold within 3-4 months of filing the initial petition.
The assets that are subject to probate in California are real estate (regardless of value) bank accounts and investment accounts above $166,250. Financial institution accounts with a value below $166,250 can typically be unlocked using a Small Estate Affidavit. Laguna Legal can help you prepare a Small Estate Affidavit if needed or we can help you prepare and file the complete probate. Since we are a legal document service and not an attorney, you would need to represent yourself at the required hearings but Laguna Legal can help you with the preparation and filing of all the required court forms.
The California probate statutory fees are the court filing fees, publication fees, and probate referee fees. Laguna Legal is a legal document service that can help you prepare and file all required documents with the court. We assist clients throughout the State of California. After the initial Petition filing fee, we charge a low monthly fee of $500 per month and will assist you throughout the process. You would have to represent yourself at the court hearings, which is not difficult and we will guide you through that process.
Learn more about how we can help you to prepare and file the necessary probate paperwork, as well as notify interested parties.
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We’ve been providing Southern California with Excellent Legal Document and Divorce Mediation services since 1998.
We service the following counties: Orange, Los Angeles, San Bernardino, Riverside, San Diego, San Luis Obispo, Kern, Santa Barbara, Ventura and Imperial.
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Laguna Legal Headquarters
24800 Chrisanta Drive, Suite 200
Mission Viejo, CA 92691
Phone:
800-497-9850
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949-497-9877
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team@lagunalegalhelp.com
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