Is Your Estate Under $750K? Learn About Simplified Probate

Simplified Probate in California Just Got Easier — But You Still Need Expert Guidance

Is Your Estate Eligible for the New $750,000 Simplified Probate Procedure?

California recently passed Assembly Bill 2016 (AB 2016), significantly increasing the simplified probate threshold from $184,500 to $750,000. This change can save your family considerable time, effort, and costs associated with the traditional probate process.

But how do you know if you qualify?

Understanding the New Law

• Eligibility Threshold: Estates with real property valued up to $750,000.
• Primary Residence Requirement: Applies specifically to real property used as the primary residence, even if the decedent wasn’t living there at the time of passing.
• Simplified Process: Avoid lengthy court procedures by utilizing a streamlined process.

Why You Need Professional Assistance

Even though the process is simplified, ambiguities remain:

• How is “primary residence” determined?
• What valuation method should you use?
• What if there are disagreements among family members?
• What are the risks?

Navigating these questions alone can be challenging and could jeopardize your eligibility for simplified probate.

Wealth Care Lawyer – K. Gottlieb Esq. Can Help

Attorney Klaus Gottlieb is an established estate planning lawyer and offers complimentary evaluations to individuals exploring this new, streamlined probate procedure.

Don’t leave your estate’s future to chance. Get clarity, peace of mind, and professional guidance today.

Schedule Your Complimentary Evaluation Now

• Located in San Luis Obispo – serving the entire state
• Call: 805-703-2282
• Book Online for Free Consultation (click left) 

Ensure your loved ones benefit fully from California’s new probate rules. Let Klaus Gottlieb Esq. guide you every step of the way.