In this video, we shed light on the probate referee's responsibilities, including the appraisal of the estate's property, from real estate to non-cash assets like stocks, bonds, and personal belongings.
Understanding the significance of this appraisal is crucial for accurate tax assessments and the equitable distribution of assets among beneficiaries. We'll explore how the probate referee's valuation influences estate taxes, the fair share for beneficiaries, and the settlement of the estate's debts and liabilities.
Additionally, we'll discuss the probate referee's fees, which are set by the state and represent a small percentage of the appraised asset value, ensuring a cost-effective solution in the probate process.
This video is an invaluable resource for anyone navigating the complexities of probate in California, providing insights into ensuring a fair and legal resolution of the estate.
00:00 Intro
00:17 Who a probate referee is
00:38 Why is this role so important?
01:23 The probate referee valuation
01:55 The probate referee's critical role
02:11 Outro
Here at Horizon Real Estate we care about helping you, as the estate executor, administrator or trustee. We want you to feel comfortable throughout the probate process, and to help you get the most money quickly from your estate house or trust property.
Kim Ward DRE#01218310
Ashlie Rivera DRE#02042935
Advisors@ProbateAndTrustHelp.com
619.741.0111
___________________________________________________________________________________
Have a probate house or house in a trust and need guidance on how to prepare and sell? Think of this channel as your real estate resource.
If you’re an executor or administrator and want a free copy of my book "What To Do When You’re Responsible For Real Estate A Loved One Leaves Behind" Or, if you’re a trustee and want a free copy of "Exactly What To Expect As Trustee For Real Estate A Loved One Leaves Behind" simply call my office at 619-741-0111.@@
I’m a full time REALTOR in San Diego, California with Horizon Real Estate. I’m an expert at helping executors, administrators and trustees with probate houses and houses in a trust. A wife, mom to three grown sons and a daughter, plus She-she (that’s my grandma name) to the two cutest, smartest and busiest kids.
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I am NOT a lawyer or tax professional. The presentations reflect my own understanding of the underlying subjects. However, the presentation is based on my professional experience in the field of real estate. The information contained herein should NOT be used as a substitute for the advice of an appropriately qualified and licensed attorney, tax professional or contracted real estate agent/broker. The information provided here is for informational purposes only. You should consult with a professional to seek legal advice regarding your exact circumstances.
If you want to talk with me about San Diego real estate, fell comfortable calling me at 619-741-0111 @@or email me at KimWard@ProbateAndTrustHelp.com
California DRE license #01218310