QUESTION
ESOP left with no benifeicary or will after passing
Asked on Mar 06th, 2018 on Wills and Probate - California
More details to this question:
We got a letter from the state after my father passed away stating that he had ESOP with a value of $5,400 at his last job. We contacted the employer to inherit it but said they couldn’t do much since my father never put a benifeicary. My dad never left a will and didn’t hold property when he passed away. Would you be able to help me with this matter or is there nothing I can do ?
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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Price Law Firm, APC
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If that is the only asset of your father's estate to transfer, then you should be able to use an affidavit procedure under Probate Code section 13100. Contact an attorney for a full consultation.
Answered on Mar 07th, 2018 at 12:57 PM