PRACTICE AREAS

 

How can I avoid Probate?

  • To avoid probate, you must hold sole title to assets with a total value less than $150,000 in personal property and less than $50,000 in real property at the time of your death.  If the sum of all assets held in your individual name exceed these values, the assets will be subject to probate.
  • To the extent you hold assets in joint tenancy or name a beneficiary on your accounts or insurance policies, these assets are not considered "owned by your Estate" at the time of your death and are not subject to probate.
  • Further, you can transfer ownership in your assets to a Living Trust so that the assets are not held in your name at the time of your death.

The material available on this website is intended for informational purposes in California only, and does not constitute legal or other professional advice.  Reading this website or contacting Vergari & Napolitano does not constitute the forming of an attorney-client relationship, which can only be established by entering into a written retainer agreement.

While we intend to make every attempt to keep the information contained in this website current, we do not promise or guarantee that the information is correct, complete, or up-to-date.  Vergari & Napolitano is not responsible for any third-party contents which is accessible through this website.