Before a decedent’s estate gets distributed, the administrator has to notify creditors. We’ve talked about that recently in an earlier post. In addition to notifying known as suspected creditors by mail, the California probate code has another requirement. The executor or administrator of the state must also notify creditors publicly. California probate code mandates that the notification of creditors occur in three separate publications in certain newspapers within specific time constraints. Often, a free weekly advertising publication will work. At any rate though, proof of the publication also has to be filed with the probate court.
Deadline For Filing A Claim As A Creditor
Creditors must file a claim against the estate as a creditor within set time frames or it’s barred from its share of the estate. There are two time periods: Either, the creditor must file a claim four months after that date of issuance of the letters appointing the representative or sixty days after the notice was given to the creditor. They determine which time period to go by by determining which time frame is earlier. The earlier of these two deadlines if the deadline for a creditor to file a claim against the estate. Also, if they are going to file a claim they must do it with the court (as we talked about earlier) and they mist serve a copy to the estate’s personal representative.
Do You Need A California Realtor Specializing In Probate?
We are experts in the probate sale under the probate code and trust law. So, we know the California Probate Code. We won’t let you get lost in it. If you need a realtor in California specializing in probate, please contact us today! We are upfront and honest about the costs of probate. Everyone wants to know about probate fees, but no one wants to talk about them. We will though. Sentinel Realty Partners wants our clients to be fully prepared and fully informed about buying or selling California probate real estate.
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If you are buying a home in California, please have a look at our probate property search. If you need a Los Angeles, Orange County, Riverside, or San Bernardino professional to help you through the probate real estate maze, call us! These waters a murky, and you’ll want a knowledgeable, dependable, responsive team behind you. Check out Sentinel Realty Partners’ client reviews.