Probate
Jul. 25, 2019
Probate lite
Haw probate become somewhat of an historical artifact like the horse and buggy? Hear me out.
James P. McBride
1290 B St, Ste 318
Hayward , CA 94541-2967
Email: jimmcbridelaw@gmail.com
James is an attorney in Hayward.
There are two parallel tracks for administration of decedent estates: traditional probate and trust administration. In the years since the advent of revocable trusts, the statutory framework for administration has come to mimic the essentials of probate: notice, inventory, payment of creditors, executor-like powers for the successor trustee, ipso facto trust termination when assets have been disbursed.
Consider a simple estate, wheth...
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