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To
contact us by telephone:
818-340-4479
Toll
Free in Southern California:
800-300-9977
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Info@SirkinLaw.com
San Fernando
Valley
California
Probate attorney
California
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California
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California
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Los
Angeles Probate
Our
Los Angeles Probate Lawyers can assist you in matters where
probate is
necessary.
What is Probate?
Probate is the legal process by which the
court will authorize the distribution of
your asset to your heirs.
How long does it take?
A non-litigated probate in Los Angeles can
take 7-12 months.
What is the cost of probate?
There are several factors in determining
costs in probate. Attorneys fees have
two components. Statutory Fees and
Extra-ordinary Fees.
Statutory Fees are based on the California
Probate Code and can run an
average of 2-4% of the Gross Value of the
estate. Extra-ordinary fees are
hourly fees for certain court authorized
tasks, such as filing of tax returns and
sale of real estate.
What is a bond?
A bond is a security that the executor or
administrator posts which insures the
faithful performance of the executor or
administrator.
Can a bond be waived?
If a Will waives the bond, the bond can
be waived. In all other cases, it is up to
the discretion of the probate judge to
determine whether or not the bond is
waived.
What is an accounting?
Each executor and administrator has to
file an accounting with the court within
one year from the date on which he/she
receives Letters Testamentary or
Letters of Administration. This
requires excellent record-keeping on the
part of the administrator.
What happens to the creditors of the
decedent?
A Notice is given to all reasonably
discoverable creditors. Each is then given
four months from the date of issuance of
Letters Testamentary to file a
creditor's claim. Those creditors who
filed will be negotiated with and if
appropriate, will be paid.
How do I begin working with your firm?
Please email
us and we will guide you as to our retainer process.
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