Fantastic stories may exist about people producing wills that were written on napkins or in emails. Many in Los Angeles may be surprised to learn that it is not so much the medium on which a will is written that determines its validity, but rather whether it meets the state's standard of proof. Given that the American Association of Retired Persons reports that only roughly 40 percent of American adults actually have a will, it may be understandable that probate courts first require that a will be proven before it can be probated.
The ex-spouses of many deceased California men and women may be shocked to know they can inherit the deceased’s debt. According to CNN Money, this may be the case even when your divorce settlement clearly says you are not responsible for debt repayment.
The passing of your family member or friend in Los Angeles may represent the end of their lives, yet it might also signal the beginning of a long and complex process for you if you have been tasked to oversee the administration of their estates. As a personal representative or executor, you have a number of different roles to fulfill, including notifying beneficiaries, making an accounting of the estate's assets and filing estate tax returns. Yet before any of that can happen, you need to determine which probate court has jurisdiction over the estate case. Several in your position have come to us here at The Law Office of Matthew C. Yu concerned that this can be a very complex process. Fortunately, it does not have to be.