Estate Administration in La Habra, California
Estate administration, in basic terms, is the procedure 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 La Habra, California, the estate is normally administered in a way that follows the instructions the will lays out, as closely as possible.
The decedent typically 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 typically has some work ahead of them. To ensure that they truly follow through on their commitments, 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 will in La Habra, California is silent as to who should be the executor, it is up to the court to determine who should serve in that capacity.
This is normally the person who will benefit the most if the will is executed. If there is no will (a situation identified as "intestacy"), California has a system of laws distributing the decedent's property to his or her closest living relative. In such a case, the closest living relative has the most to gain from an orderly administration of the estate, so they will normally be appointed.
In cases where the will doesn't name an executor, or the person named is unable to take on that role for whatever reason, any person who has some direct share in the decedent's estate (either because they're named in the will or stand to inherit by intestacy) can petition a La Habra, California court to be assigned executor.
Once an executor is assigned (whether by being named in the will, or on the application of another person), they "step into the shoes" of the estate, and are expected to safeguard its interests to the fullest extent possible. They further are obligated to accurately inventory the estate's debts and assets, as well as notify possible beneficiaries.
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Can a La Habra, California Estate Administration Attorney Help?
If you are the executor of an estate, and don't know how to handle some of the legal and financial difficulties that may arise, an efficient La Habra, California lawyer can make this process a great deal easier.
18 Wills, Trusts and Estates cases posted to LegalMatch lawyers in La Habra
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Life in La HabraLa Habra is located in Orange County, California. The city has a lot of history to it because in the 1800s, the area was seen as a natural path to the north. Spanish explorers discovered the area, and Mariano Reyes Roldan was granted the lan. Later, Abel Stearns purchased the land from him. Therefore, many La Habra residents pride themselves over the rich history associated with their properties.
Famous residents include Rusty Anderson, Natalie Golda, Cathy Cooper, Richard Nixon, Ann Meyers, Jenna Haze, Jennifer Hanson, Anne Ramsay, and Norma Zimmer. It is not hard to believe that so many well-known people would want to own property in such a beautiful, history-rich area.
Being in Orange County, La Habra is a short drive away from beautiful beaches, many quaint downtown areas with great shopping and dining, and gorgeous properties to admire and/or live in. The wonderful weather of Orange County is an added plus.
Residents also have the luxury of having top-notch firms with excellent attorneys near by. Orange County is home to many firms of all sizes, that practice in all areas of law, and attract and train some of the nation's most brilliant legal minds. Therefore La Habra residents have no tension for any legal need of theirs can be handled well by the legal force in Orange County.