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Continue reading → The post Filing a Small Estate Affidavit in California appeared first on SmartAsset Blog. Skip to main content. Finance. Need help? Call us! 800-290-4726. Login / Join ...
A small estate affidavit is a sworn legal document that may allow an estate to avoid going through probate. Small estate affidavits are permitted in many states, as long as the value of the estate ...
For example, California has a "Small Estate Summary Procedure" to allow the summary transfer of a decedent's asset without a formal probate proceeding. The dollar limit by which the small estate procedure can be effectuated was $150,000 [34] before a statutory increase was implemented on a three year schedule, [35] arriving at $184,500 by April ...
Of the 58 counties in California, 14 are governed under a charter. They are Alameda, Butte, El Dorado, Fresno, Los Angeles, Orange, Placer, Sacramento, San Bernardino, San Diego, San Francisco, San Mateo, Santa Clara, and Tehama. [6] Nine counties in California are named for saints, tied with Louisiana for the largest number.
e. In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when the property rights may revert to the original owner or to another person. The owner of a life estate is called a "life tenant".
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