PROBATE LAWYERS IN NEWPORT BEACH, CA
At Werner Law Firm, our team of probate lawyers in Newport Beach work diligently with our clients to minimize the costs and hassle associated with the California probate process. We recognize that every individual client’s situation is wholly different, and approach accordingly – and we pride ourselves on providing a top-quality legal service.
When it comes to matters of probate, we understand that scrutiny is critical. With experience providing legal guidance to individuals and families in California for over four decades, we also understand that the law can be very complex. If you are planning for your own probate process or have been tasked to oversee a loved one’s estate, the experience of a probate lawyer may be crucial.
23 Corporate Plaza Drive Suite 150
Newport Beach, CA 92660
Probate is initiated after a person has passed away in order to identify, categorize, evaluate, and effectively distribute their estate after debts and taxes. The California probate process is not always cumbersome and can take place regardless of whether the decedent kept a will or not. To begin the process, a relative or someone close to the decedent must petition for probate in the county in which the decedent was living. Upon starting the probate process, the courts will decide who oversees the execution of the estate. This position typically goes to the decedent’s spouse, or someone the decedent specified within their will. If no executors are named, and no surviving relative of the decedent is up to the task, a third party may be chosen. From there, the probate process continues step-by-step.
All told, the probate process can take anywhere from under a year to over a year and a half. The larger and more complex the estate, the more expensive and complicated it is to properly oversee and distribute. For larger estates, it is often wiser to take measures to minimize the probate process, and cut down on the overall costs associated with probate by hiring an experienced law firm to see the process through to completion and take on the larger tasks, such as taking stock of the entire estate, doing the accounting to determine the estate’s gross value, managing and overseeing the valuation process, informing and settling matters with creditors, and informing the family of any outstanding tax matters, including the final tax return.
Here at Werner Law Firm, our team of probate lawyers in Newport Beach have decades of experience in handling probate law allows us to effectively manage the probate process for many clients struggling with larger estates.
TRUSTED PROBATE LAWYERS IN NEWPORT BEACH, CA
The complexity of the probate process varies depending on the complexity of the estate. Size is one factor, but there are many other factors that can muddle probate. Not all estates are created equal, and some assets are much harder to pass through probate than others. Some examples of particularly complex assets include highly volatile or intangible assets, such as mineral or oil deposits, racehorses or race hounds, and patents. If an estate includes assets scattered across state lines, the process of properly distributing these assets can also prolong probate. Finally, disputes often complicate the probate process to an extreme degree, prolonging probate for months and years as insults are coupled with legal challenges, followed by drawn-out and expensive battles.
Thankfully, there are ways to avoid these delays and deal with them should they arise. Experienced probate attorneys can help individuals better prepare their estate for the probate process, side-stepping the difficulties associated with unusual assets and conflicting beneficiaries, and resolving disputes before they occur. At Werner Law Firm, our team of probate lawyers in Newport Beach have helped families navigate potential delays in the probate process, minimizing time spent in the courts, and minimizing costs.