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157: Avoiding Probate Hassles: Understanding California's 2025 Law Change

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Manage episode 449817820 series 2220819
Content provided by Kirsten Howe and Kirsten Howe: Attorney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kirsten Howe and Kirsten Howe: Attorney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 legislative change.

4:00 Even with increased limits, a small estate affidavit option may not suit everyone.

5:20 Thank you for listening. We look forward to connecting with you in our next episode!

  continue reading

138 episodes

Artwork
iconShare
 
Manage episode 449817820 series 2220819
Content provided by Kirsten Howe and Kirsten Howe: Attorney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kirsten Howe and Kirsten Howe: Attorney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 legislative change.

4:00 Even with increased limits, a small estate affidavit option may not suit everyone.

5:20 Thank you for listening. We look forward to connecting with you in our next episode!

  continue reading

138 episodes

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