Is there a way to have your estate handled without everyone else getting an administrative “piece of the pie?”
The idea of a Will is literally thousands of years old. It’s not that they’re a bad thing (Buggy whips were cool…once), it’s just that the law has changed to allow cheaper and more effective ways to “get your house in order”; and for the benefit of those who must “take over” when one will finally be gone.
As previously written, property cannot be allowed by society to bust be “hanging out in the air,” without someone claiming and being responsible and accountable for it. Therefore, and in order that society can “move things along,” if one has not intentionally caused a Will to be written for them, they may be surprised to learn that the State has already written one for them. It’s called the “Law of Interstate Succession,” and it’s written right into the Probate Code of our State.
Taking the “scenic route” to probate court.
Nevertheless, and whether or not there is a Will, there has to be proceedings in a court of law to finally establish the rights of one to inherit the property of another. In California, the place where those proceedings take place is in Probate Court. At the present time, if you live in the Santa Clarita side of Saugus, the Court will be in downtown Los Angeles. If you live closer to Antelope Valley, those hearings may be in Lancaster. It will take somewhere between a year or two (on average) to do it; and it will be expensive, as well as very public; and on a variety of levels. Continue reading Where There’s a Will, There’s a (Better) Way