
AB 2016 and the $750,000 Probate Shortcut: A Boon or a Trap?
California Assembly Bill 2016 (AB 2016), effective April 1, 2025, raises the threshold for simplified probate procedures from $184,500 to $750,000. While this change aims
California Assembly Bill 2016 (AB 2016), effective April 1, 2025, raises the threshold for simplified probate procedures from $184,500 to $750,000. While this change aims
The simultaneous death of a couple or other persons who stand to inherit from each other can cause problems. The California Probate Code has relevant
Please refer to the following knowledge base articles for background: The problem of the disappearing income: Income in Respect to a Decedent and What are
The fiduciary is responsible for notifying the IRS that she has assumed this role which includes responsibility for filing he decedent’s tax return: “Form 56
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