Estate Administration in Los Gatos, California

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Estate administration, in basic terms, is the process of maintenance and distribution of a person's assets after they die.

If the decedent had the foresight to draft and execute a will in Los Gatos, California, the estate is usually administered in a way that follows the instructions the will lays out, as closely as possible.

The decedent normally names in the will an executor of his or her estate. The executor is the person whose job it is to take the lead role in the administration of an estate.

The person named as executor of an estate normally has some work ahead of them. To ensure that they really follow through on their obligations, most people name as executor the person who will get the most money, or other benefit, if the will is given effect as written. Because an estate can't be distributed until the administration process is complete, the executor has an incentive to see it through.

What if The Will Does Not Name an Executor?

If a Los Gatos, California will does not name an executor, or no will exists or can be found, it's up to the local court to decide who should be the executor.

This is usually the person who will benefit the most if the will is executed. If there is no will (a situation recognized as "intestacy"), California has a system of laws distributing the decedent's property to his or her closest living relative. In such a situation, the closest living relative has the most to gain from an orderly administration of the estate, so they will usually be appointed.

If the will doesn't name anyone as executor, or the person who was named as executor is no longer living or cannot be found, anyone who has a direct interest in the will in Los Gatos, California can apply to the court to be the executor.

Whoever ends up as the executor, it is their responsibility to serve as the personal representative of the estate. They will be responsible for taking account of all of the decedent's assets and debts, as well as notifying beneficiaries who may be estranged from the decedent, among other things.

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Can a Los Gatos, California Estate Administration Attorney Help?

Some people are surprised when they find out they've been named the executor of a relative's estate. The responsibilities can seem daunting, but with the help of a brilliant Los Gatos, California attorney, the process almost always goes pretty smoothly.

18 Wills, Trusts and Estates cases posted to LegalMatch lawyers in Los Gatos

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Life in Los Gatos

Los Gatos, California is a city in Santa Clara County, in the southern portion of the San Francisco Bay Area. Its population is currently about 25,000 people. "Los Gatos" is Spanish for "the cats." The name refers to the mountain lions which used to roam the area.

The nearest large city to Los Gatos is San Jose. It is also a fairly short drive from the other major Bay Area cities of San Francisco and Oakland, meaning that residents of Los Gatos, California have access to a wide variety of amenities and job opportunities that these three large, and very different, cities offer.

Being located in the Silicon Valley region of California, several high-tech companies, including Netflix, ImageShack, Cryptic Studios, among others, are headquartered in Los Gatos, California.

Thanks to the presence of companies like those, many national and international law firms have Silicon Valley offices, many of them close to Los Gatos. Of course, you don't need to be able to afford the rates charged by a large law firm to get quality legal representation in Los Gatos, California. There are many quality and affordable Los Gatos, California lawyers who can help you with almost any legal issue you might be facing.

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