In California, there are ways to transfer ownership to death while avoiding the will, without creating a will or living trust. And the three most popular methods to avoid probate without a trust include beneficiary designations, joint tenancy with right of survivorship, and community property with right of survivorship. In this video we start talking about these methods.Attorney: Randall Kaiden, Esq.Contact: http://www.the-trust-store.comThese online videos and reading materials were prepared by Randall F. Kaiden, Esq. www.the-and-Store.com Trust for informational purposes only. Therefore, do not constitute legal advice or services. See and read the information contained herein is not intended to create an attorney-client relationship. Do not rely on any information received here for any purpose without seeking independent legal advice from an attorney licensed in your state. The information provided here is general and may or may not reflect the most recent law. Therefore, the information contained herein is not guaranteed correct or complete. Nothing contained in this web site or broadcast in any other, is designed to be used or relied upon by any taxpayer for the purpose of avoiding penalties that may be imposed on taxpayers under the Internal Revenue Code of 1986, as amended. Taxpayers should seek TAX independent counsel to their particular circumstances, WITH RESPECT TO ANY transaction or matter CONTAINED HEREIN. Randall F. Kaiden and www.the-confidence-Store.com expressly disclaims any liability with respect to actions taken or not taken based on any and all information (in any format) provided here.

The legal process of the distributing of the estate of a deceased individual is known as probate.
Probate is often a time-consuming and confusing process for those who are involved.
Most people lack a knowledge of the probate process because of inexperience with the process.

Probate is rarely easy, an adequate knowledge and understanding of the process can help decrease stress, and increase your confidence that everything is being done properly. Anyone involved in probate should understand the following:

1 – In cases where a valid will exists, the individual named in the will as the executor is responsible to see that the deceased?s instructions are carried out.

2- In cases where a valid will does not exist, an individual will be appointed by the court as the administrator. The administrator will perform the duties of the executor.

3 – During probate creditors of the estate are provided with an opportunity to place claims for unpaid debt. The validity of those claims is determined by the court. Any claims that are valid will be paid out of the estate.

4 – Probate court is the home of the probate process. Laws and procedures vary from state-to-state. Some states have courts with the sole responsibility of overseeing probate.

5 – Although the length of probate will vary, it will usually last for six months to one year. More complex estates will typically take a greater amount of time.

6 – Inheritance cash advances are available for heirs to estates in probate. Cash advances provide part of the inheritance upfront and help the heir to avoid the long wait required by probate.

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