QUESTION
My uncle died recently and without a will. What are my next steps? His estate, as it is, is sure to total no more than $150K.
Asked on Feb 02nd, 2016 on Trusts and Estates - California
More details to this question:
My uncle was a veteran and about six months prior to his death, I was officially designated (by the VA) as his next of kin. Further, he ad a fiduciary assigned to him (by VA) many years ago. He had no wife, no kids, his parents are long dead - and his siblings (including my mother and two brothers) have long since passed away. I am one of two nephews remaining. What are my next steps? Thanks
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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If you think that his estate may near the $150,000 mark, then you should initiate a small probate action and have a probate referee appraise the property. If it is less than $150,000, you may be able to transfer his property without a probate proceeding. But the amount is not the only consideration of whether or not to file a petition for probate. Check with an attorney for a full consultation.
Answered on Feb 06th, 2016 at 10:00 PM