SMALL ESTATE AMOUNT INCREASED TO $150,000
Posted on January 2, 2012
b:y Raymond Sheffield
The State of California has increased the amount that may pass through the Small Estate procedure by affidavit. The amount is now $150,000. This is a much needed increase from $100,000 previously.
The Personal Representative may now transfer Probate Estates less than $150,000 without the need for court petitions and supervision.