Absolute Trust Talk
157: Avoiding Probate Hassles: Understanding California's 2025 Law Change
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:06:23
- Mas informaciones
Informações:
Sinopsis
A significant shift in California probate law is on the horizon, promising to make estate transfers more accessible for many homeowners. In this episode of Absolute Trust Talk, host Kirsten Howe and associate attorney Jessica Colbert delve into a game-changing legislation effective April 1, 2025. This new law allows for a simplified transfer of primary residences valued up to $750,000 to heirs—without the need for probate or a formal estate plan. They discuss how this expansion of the small estate affidavit and petition procedures can ease the burden on families, making property transitions faster and less complicated. Tune in to learn how these upcoming changes might impact you and your loved ones. Time-stamped Show Notes: 0:00 Introduction 0:58 Discover how the 2025 revisions to the small estate affidavit could benefit you and streamline estate transfers. 3:10 Navigating Estate Transfers Under the New Law: Listen as we break down the process of how estate transfers will work with this leg