Santa Clarita California Order Determining Succession to Real Property and Personal Property — Small Estates $166,425 or Less is a legal process that simplifies the transfer of real property and personal property from a deceased person to their rightful heirs, when the total value of the estate is $166,425 or less. This process is governed by specific regulations set forth by the state of California. The Santa Clarita California Order Determining Succession to Real Property and Personal Property — Small Estates $166,425 or Less can be categorized into different types, based on the specific scenario or situation: 1. Intestate Succession: When a person passes away without a will (intestate), the court will determine the succession of real property and personal property based on the state's laws of intestacy. This type of order is commonly sought when the deceased person did not leave behind any valid will. 2. Probate Code 13100 Petition: Under California Probate Code Section 13100, if the total value of the estate, excluding real property, is $166,425 or less, a simplified proceeding can be initiated to transfer personal property to the entitled heirs without going through a formal probate process. This type of order is typically used when the deceased person had a will, but the value of their estate is within the specified limit. 3. Summary Probate: In certain cases, if the deceased person had a will and the total value of the estate (including real property) is within the limit of $166,425, a summary probate proceeding can be pursued. This allows for a simplified and expedited transfer of real property and personal property to the rightful heirs while avoiding a full probate process. The Santa Clarita California Order Determining Succession to Real Property and Personal Property — Small Estates $166,425 or Less is crucial in ensuring that the rightful heirs receive their inheritance promptly and without the complexity and expense of a full probate process. It streamlines the legal procedures required to transfer assets and enables the efficient resolution of small estates within the specified limits. It is important to consult a legal professional experienced in estate planning and probate matters to guide you through the specific requirements and procedures involved in this process.
Santa Clarita California Order Determining Succession to Real Property and Personal Property - Small Estates $184,500 or Less
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