Conveniently located in Encinitas, North County San Diego and easily accessible to the surrounding communities of Solana Beach, Cardiff-by-the-Sea, Leucadia, Carlsbad, Oceanside, Vista, San Marcos, Escondido and San Diego.
If the estate contains probate assets, you will likely need a court supervised Probate proceeding unless your estate is less than $184,500.
If you have been named Executor of a Will and want to serve as Executor, you must first deposit the Will and a Petition for Probate with the Court. After a properly noticed hearing and if the Petition for Probate is approved, the Court will issue an Order and Letters. These documents will provide the Executor with the legal authority to carry out the probate administration.
After the Petition for Probate has been granted, the Executor must locate known creditors and file an inventory and appraisal. Once the Notice to Creditors period has passed, a Report and Accounting to the Court must be filed. An appraisal from a Probate Referee will likely be required unless all assets are cash assets. The Report and Accounting will require a second noticed hearing. When an Order is obtained after this hearing, the Executor can make distributions. Many Executors retain a reserve for potential tax or administration liabilities and distribute the balance after establishing there are no more debts of the estate.