How Long Does Probate Take in California?
Probate in California can feel like a marathon rather than a sprint, and families often ask, “How long will this take?” The truth is, it depends on the complexity of the estate and whether any disputes arise. On average, probate takes anywhere from 9 months to 18 months, but it can be shorter or much longer in certain situations.
Who Has to Go Through Probate in California?
Not every estate in California has to go through probate, and that’s where many families get confused. The general rule is this: if the deceased person owned assets solely in their name (with no co-owner or beneficiary designation), those assets usually need to pass through probate.
What is Probate? A Simple Guide for California Families
Probate is a legal process that takes place after someone passes away, and it can feel overwhelming if you’re hearing the term for the first time. In California, probate is essentially the court-supervised way of making sure a deceased person’s debts are paid and their remaining assets are distributed to the right heirs or beneficiaries.
Marry the house, date the rate
The monthly payment may seem intimidating and waiting until rates come down might appear like the safer choice. In reality though, timing the housing market is nearly impossible. In my experience, what matters most is securing the right home, in the right location, for your needs while keeping in mind that interest rates aren’t forever. That’s where the popular phrase comes in: “Marry the house, date the rate.”
The Power Move That Changed My Life
The single biggest strategy that has transformed my life is engaging in every conversation as if the person I’m interacting with is fortunate to have me in their life. Honestly, my mindset has been the number one change that has transformed my business. It truly starts with our mind!
Understanding Exclusive Listing Agreements in Real Estate
When it comes to selling a property, one of the most important decisions a seller will make is choosing the right listing agreement. This decision not only defines how the property will be marketed, but also determines when and how the listing agent is compensated.