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Probate

When a person dies, someone must step in to wind up the deceased person's affairs. Bills must be paid, property must be accounted for, and items must be passed on to the deceased person's next of kin.

In California, if the decedent's total assets are valued at $100,000 or more and there is no will or trust, the entire estate must enter Probate Court proceedings.  

If you have an estate valued at under $100,000, (mortgages and debts do NOT detract from asset value for Probate purposes), then see our small estates page.

Probate Court is a Court of General Jurisdiction which includes, but is not limited to the following proceedings; decedents' estates, trust proceedings, guardianship proceedings, conservatorship proceedings and minor's compromises.

If the estate is required to be handled through probate court proceedings, the process can take many months and can be very costly.  Often, the cost of the probate itself will cause the asset to be lost to the state. 

If, however, before his or her death the deceased person took steps to avoid probate, the whole process will be quicker, easier and much less costly. 

Because probate is time-consuming, very expensive and usually unnecessary, many people plan in advance to avoid it. There are a number of ways to pass property to your inheritors without probate. Some of these probate-avoidance methods are quite simple to set up; others take more time and effort.

View an estimated Probate
Time Line Here

We at Schofield & Grossman are here to assist you in creating an estate plan that is tailored to your personal wishes and desires.
This can include:
  • Personal, Family or Business Trust
  • Pour Over Will
  • Advanced Healthcare Directive
  • Advanced Asset Management
  • Real Property Management
  • Personal Property Management
  • Estate & Gift Tax Allocation

Estate Tax Exemption
2004-- $ 1,500,000
2005-- $ 1,500,000
2006-- $ 2,000,000
2007-- $ 2,000,000
2008-- $ 2,000,000
2009-- $ 3,500,000
2010-- none
2011-- $ 1,000,000*
*Sunset Provision/unless congress acts before 2010.

The goal of estate tax planning is to try to pay the smallest tax possible using deductions, exemptions and credits. The first rule is that an unlimited amount of assets can pass to a surviving spouse without one dime of death tax being paid. This is known as the Unlimited Marital Deduction. An Excellent benefit of a Living Trust is that a married couple can take advantage of a double tax exemption. Using the tables above with a Living Trust, a couple just doubled their estate tax savings!

Contact Us Today

 

 

 

 

 

PROBATE =

COSTLY
&
TIME CONSUMING

 

 

 

 

 

 

 

 

 

 

 

 

If you are Ready to Prepare Now,
Contact Us HERE

 

     
 
Accidents Can Happen At Any Time...
That's Why They Are Called Accidents...
 
 
  Who Needs a Will?
     Parents of Minor and Disabled Children
     Couples and Life Partners
     Property Owners 
     Business Owners
     Seniors, Baby-Boomers and Gen X-ers

Confused?

 

Beware of Inexpensive Will Making Web Sites, they are NOT Attorneys
JUST REMEMBER:

"A Good Job is Never Cheap and a Cheap Job is Never Good"

 

 

Scott H. Linden, Esq.

   ESTATE PLANNING
  PROBATE
  BUSINESS INCORPORATION
  CORPORATE TRANSACTIONS
  REAL ESTATE TRANSACTIONS

Contact Us Here for Help Now


www.No-Probate.com : Contact Our Office Now for Immediate Assistance - (626) 578 - 0708
BECAUSE A WILL IS NOT ENOUGH

 

 

 

 

We serve the following cities and communities in Southern California:

Los Angeles County:
Agoura Hills, Alhambra, Arcadia, Artesia, Azusa, Baldwin Park, Bellflower, Beverly Hills, Big Pines, Burbank, Carson, Century City, Cerritos, Chatsworth, China Town, City of Industry, Claremont, Commerce, Compton, Covina, Culver City, Downtown LA, Downey, Eagle Rock, El Monte, El Segundo, Encino, Gardena, Glendale, Glendora, Granada Hills, Hawaiian Gardens, Hawthorne, Hermosa Beach, Hidden Hills, Highland Park, Hollywood, Inglewood, Irwindale, Japan Town, Korea Town, La Canada/Flintridge, La Crescenta, La Habra, La Mirada, La Puente, La Verne, Lakewood, Lancaster, Lenox, Lomita, Long Beach, Los Angeles, Los Nietos, Lynwood, Manhattan Beach, Marina Del Rey, Monterey Park, Montrose, Northridge, Norwalk, Palmdale, Palos Verdes Estates, Paramount, Pasadena, Pico Rivera, Pomona, Rancho Palos Verdes, Redondo Beach, Reseda, Rolling Hills Estates, San Fernando Valley, San Gabriel, San Marino, Santa Clarita, Santa Fe Springs, Santa Monica, Signal Hill, South Pasadena, Temple City, Torrance, Valinda, Van Nuys, Ventura County, Verdugo City, Walnut, West Covina, West Hollywood, Westlake Village, Westwood, Whittier and all other cities and communities of Los Angeles County.

Orange County:
Aliso Viejo, Anaheim, Balboa Island, Brea, Buena Park, Capistrano Beach, Corona Del Mar, Costa Mesa, Coto de Caza, Cowan Heights, Cypress, Dana Point, El Modena, El Toro, Foothill Ranch, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, Laguna Beach, Laguna Hills, Laguna Niguel, Lake Forest, Leisure World, Lemon Heights, Los Alamitos, Mission Viejo, Modjeska Canyon, Newport Beach, Orange, Orange Park Acres, Placentia, Rancho San Margarita, Rossmoor, San Clemente, Santa Ana, Seal Beach, Silverado Canyon, Stanton, Sunset Beach, Surfside, Tustin, Villa Park, Westminster, Yorba Linda and all other cities and communities of Orange County.

San Bernardino County:
Adelanto, Apple Valley, Argus, Baker, Barstow, Big Bear, Bloomington, Chino, Chino Hills, Cima, Colton, Daggett, Devore, Earp, El Mirage, Etiwanda, Essex, Fawnskin, Fontana, Forest Falls, Grand Terrace, Harvard, Helendale, Hesperia, Highland, Hinkley, Hodge, Ivanpaw, Joshua Tree, Kelso, Landers, Lenwood, Loma Linda, Lucerne Valley, Ludlow, Montclair, Morongo Valley, Muscoy, Needles, Ontario, Oro Grande, Phelan, Pinon Hills, Rancho Cucamonga, Redlands, Rialto, Running Springs, San Bernardino, Twenty Nine Palms, Upland, Victorville, Wrightwood, Yucaipa, Yucca Valley and all other cities and communities of San Bernardino County.

Riverside County:
Anza, Arlington, Banning, Beaumont, Blythe, Cabazon, Calimesa, Canyon Lake, Cathedral City, Cherry Valley, Coachella, Corona, Desert Hot Springs, Edgemont, El Cerrito, Gilman, Glen Avon, Glenn Valley, Hemet, High Grove, Home Gardens, Homeland, Hot Springs, Idyllwild, Indian Wells, Indio, La Sierra, Lake Elsinore, Lakeview, La Quinta, Mecca, Mead Valley, Meadow Brook, Mira Loma, Moreno Valley, Murrieta, Murrieta Hot Springs, Norco, Nuevo, Palm Desert, Palm Springs, Perris, Quail Valley, Riverside, Rancho Mirage, Ripley, Rubidoux, Sage, San Jacinto, Sun City, Temecula, Temescal Canyon, Thousand Palms, Valle Vista, White Water, Winchester and all other cities and communities of Riverside County.

Imperial County:
Brawley, Calexico, Calipatria, El Centro, Holtville, Imperial, Westmorland and all other cities and communities of Imperial County.

Ventura County:
Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, San Buenaventura, Santa Paula, Simi Valley, Thousand Oaks and all other cities and communities of Ventura County. 

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The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

 

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